Bidspirit auction | Israel - 500 Pruta 1955

Israel - 500 Pruta 1955 - SPECIMEN - PMG 64 - Prefix A - Sample prints are part of the process of designing and preparing coins and banknotes planned for issue for circulation. The use of the phrase SPECIMEN is usually to indicate a final embossing or printing pattern, although over the years the phrase has also been used to indicate examples in the preparation process that differ in design, colors, captions, etc. Banknotes stamped with the word SPECIMEN are usually used as final printing samples for banknotes planned for circulation and are used for several purposes: for official documentation at the Central Bank, for preparation of sets for distribution as a gift and display for the purpose of presenting the new banknotes of the issuing country and especially to central banks in the world, countries that are in commercial connections or that have inbound tourism from Israel.The Bank of Israel was founded In 1954, and began issuing notes and coins. The Landscape Series is the first series issued by the Bank of Israel. Observe: At the center, remains of the Ancient synagogue in Baram in the Upper Galilee; The inscriptions ”Five Hundred Pruta” and ”Bank of Israel” in Hebrew, To the right are cyclamens which are typical of the area, to the left An ancient olive tree, and in the frame an illustration of the olive fruit. To the left: the date, התשט”ו – 1955. Reverse: An Abstract illustration as a safeguard against counterfeiting, The inscriptions ”500 PRUTA” and ”BANK OF ISRAEL” in English. Watermark: A Candelabrum, the emblem of the state. Signatures: Bank Governor David Horwitz; Chairman of the Advisory Board Z. Hufien. Color of the note’s number: Black Dimensions: 130X72mm Catalog no.: KM # 24