ISRAEL 1968 50 lLIROT P-36b , PMG 67 EPQ .Superb Gem UNC

Description

ISRAEL 1968  50 lLIROT  P-36b , PMG 67 EPQ .Superb Gem UNC
50
Lirot
Obverse:  Chaim Weizmann
Reverse:  Knesset building in Jerusalem
Dominant color:  brown-red
Dimensions:  170 x 85 mm
Signatures:  David Horowitz, Governor Bank of Israel; Yehuda Chorin, Chairman Advisory Council
Printers (unverified):  Royal Joh. Enschedé, Haarlem/Netherlands
The 50 Lirot (Bank of Israel series III) banknote shows an effigy of Chaim Weizmann (1874-1952), chemist, Zionist leader, president of the World Zionist Organization and the first president of Israel from 1949 until his death in 1952. Weizmann is noted for major chemical inventions which helped the British war effort in World War I. These, and his close relations with British Foreign Secretary Lord Arthur Balfour, are considered crucial reasons for the issuance of the Balfour Declaration of 1917, in which "...His Majesty's Government views with favour the establishment in Palestine of a national home for the Jewish people..." Weizmann founded the scientific research institute in Rehovot, later renamed the Weizmann Institute of Science. Both Chaim Weizmann and his wife Vera are buried on the grounds of the Weizmann Institute.
On the banknote's obverse appears the portrait of Chaim Weizmann.
The reverse depicts the Knesset building in Jerusalem. The Knesset is Israel's 120-member unicameral parliament.
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