Israel 1 Lira Pound Banknote Hebrew 1958 Rare Collectible Israeli Money Currency

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Israel 1 Lira Pound Banknote Hebrew 1958 Rare Collectible Israeli Money Currency
The Israeli pound (Hebrew: Israeli lira) was the currency of the State of Israel from June 1952 until 23 February 1980.
The British Mandate of Palestine, which administered the territory now known as Israel prior to 1948, issued the Palestine pound- a currency equal in value and pegged to the UK Pound. Israel inherited the Palestine pound but, shortly after the establishment of the state, new banknotes were issued by the London-based Anglo-Palestine bank of the Zionist movement. The pegging to the UK Pound was abolished on January 1, 1954.
During the 1960s, a debate over the non-Hebrew name of the Israeli currency resulted in a law ordering the Minister of Finance to change the name pound into a Hebrew name, Shekel (שקל). The law did not come into effect until February 1980, when the Israeli government decided to change the monetary system and introduce the shekel at a rate of 1 shekel = 10 lirot.
✔ Year: 1958 (official date of issue: 1959)
✔ Date of withdrawal: March 31, 1984.
✔ Sign: I£
✔ Code: ILP
✔ Size: 138 X 76 mm
✔ Color: Blue
✔ Design: Shamir Brothers, Jacob Zim.
✔ Security thread: On the left-hand side of the note.
✔ Obverse: Fisherman carrying fishing gear against a background of a bay; the denomination "One Israeli Pound" and "Bank of Israel" in Hebrew.
✔ Reverse: Mosaic from the floor of an ancient synagogue at lssafiya on Mt. Carmel; "Bank of Israel" in Hebrew, English and Arabic.
✔ Signatures: Governor of the Bank David Horowitz; Chairman of the Advisory Council J.E. Nebenzahl.
✔ Watermark: The face of the fisherman.
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