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Auction: 23132 - World Banknotes - e-Auction
Lot: 1639

Palestine Currency Board, £1, 20th April 1939, serial number V385616, this vibrant banknote provides a fascinating glimpse into a significant period of history. Set against the backdrop of the onset of World War II, this banknote highlights the presence of the British Mandate for Palestine, as well as the ongoing political tensions stemming from the Arab-Israeli conflict in the region.

The Palestinian Pound was pegged to the British Pound Sterling through a fixed exchange rate, facilitating trade and economic transactions within the area. However, the outbreak of the war added complexity to this arrangement. Despite these challenges, the British Mandate continued until 1948 when the State of Israel was officially established.

This banknote encapsulates a contentious period in history and is adorned with exquisite design elements, featuring text in the three official languages of Palestine: English, Hebrew, and Arabic. It prominently showcases iconic the landmarks, the Dome of the Rock on the Temple Mount and the Tower of David Citadel, celebrating the rich cultural diversity of Jerusalem
(Pick 7, BNB 102c), in PMG holder 45 Choice Extremely Fine

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Sold for
£2,300

Starting price
£1000