Antique Vintage Israel 10 Lirot Note 1958 Blue Serial Dead Sea Scrolls Scientist

Description

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Israel 10 Lirot Note 1958 Blue Serial
Description
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Israel 10 Lirot Note
1958
Blue Serial
Antique  Note
Taped on back side
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Israeli pound (Lirot)
From Wikipedia, the free encyclopedia
Israeli pound
לִירָה יִשְׂרְאֵלִית
(Hebrew)
Central bank
Bank of Israel
User(s)
Israel
Subunit
1/100
agora
(1960–80)
1/1000
pruta
(1948–60)
Symbol
ל"י or I£
Plural
lirot (or liroth)
agora
(1960–80)
agorot
pruta
(1948–60)
prutot
Coins
1, 5, 10, 25 agorot, 1/2, 1, 5 lirot
Banknotes
5, 10, 50, 100, 500 lirot
This infobox shows the latest status before this currency was rendered obsolete.
The
Israeli pound
(
Hebrew
:
לִירָה יִשְׂרְאֵלִית
‎‎,
Lira Yisr'elit
, plural:
Lirot Yisr'eliyot
, לִירוֹת יִשׂרְאְלִיּוֹת) or
Israeli lira
was the
currency
of the State of
Israel
from August 1948 until 23 February 1980, when it was replaced with the
Old Israeli shekel
on 24 February 1980. Until 1952, the name used on the notes of the
Anglo-Palestine Bank
was
Palestine pound
, in Hebrew לירה א"י (
lira E.Y.
i.e.
lira Eretz-Yisraelit
). In
Arabic
, the name was given as
junayh filisţīnī
(جنيه فلسطيني).
[1]
In 1952, the
Anglo-Palestine Bank
changed its name to
Bank Leumi
Le-Yisrael (Israel National Bank) and the currency name became:
lira yisraelit
(לירה ישראלית) in Hebrew,
junayh isrāīlī
in Arabic, and Israel pound in English.
[2]
From 1955, after the
Bank of Israel
was established and took over the duty of issuing
banknotes
, only the Hebrew name was used, along with the symbol "I£".
[3]
Before the
Israeli pound
the currency of the
British Mandate
and Israel was the
Palestine pound
between 1927 and August 1948.
Contents
1
History
2
Coins
3
Banknotes
4
Features for the blind
5
See also
6
References
7
Footnotes
8
External links
History
Palestine pound note, 1929
The
British Mandate of Palestine
, which administered the territory now known as Israel, Jerusalem, the West Bank and Gaza prior to May 15, 1948, issued the
Palestine pound
, a currency equal in value and pegged to the
UK Pound
, which was divided into 1000 Mils. Banknotes in circulation were issued by the Palestine Currency Board, which was subject to the British
Secretary of State for the Colonies
.
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 new coins were the first to bear the new state's name, while the banknotes said "The Anglo-Palestine Bank Limited". While the first coins minted by Israel still bore the name "mil", the next ones bore the
Hebrew
name
prutah
(
Hebrew
:
פרוטה
‎‎). A second series of banknotes was issued after the Anglo-Palestine Bank moved its headquarters to
Tel Aviv
and changed its name to
Bank Leumi
(
Hebrew
:
בנק לאומי
‎‎ "National Bank"). The pegging to the UK Pound was abolished on January 1, 1954, and in 1960, the sub-division of the pound was changed from 1000 prutot to 100
agorot
(singular agora
Hebrew
:
אגורה ,אגורות
‎‎).
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 allowed the minister to decide on a proper date for the change. 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.
Coins
Israel's first coins were aluminium 25 mil pieces, dated 1948 and 1949, which were issued in 1949 before the adoption of the pruta. Later in 1949, coins were issued in denominations of 1, 5, 10, 25, 50, 100 and 250
prutah
. The coins were conceived, in part, by Israeli graphic designer
Otte Wallish
.
In 1960, coins were issued denominated in agora. There were 1, 5, 10 and 25 agorot pieces. In 1963, 1/2 and 1 pound coins were introduced, followed by 5 lirot coins in 1978.
Banknotes
A 5 lirot note from 1968 with the portrait of
Albert Einstein
.
In 1948, the government issued fractional notes for 50 and 100 mils. The Anglo-Palestine Bank issued banknotes for 500 mils, 1, 5, 10 and 50 lirot (pounds) between 1948 and 1951. In 1952, the government issued a second series of fractional notes for 50 and 100 prutah with 250 prutah notes added in 1953. Also in 1952, the "Bank Leumi Le-Israel" took over paper money production and issued the same denominations as the Anglo-Palestine Bank except that the 500 mils was replaced by a 500 prutah note.
The Bank of Israel began note production in 1955, also issuing notes for 500 pruta, 1, 5, 10 and 50 lirot. In 1968, 100 lirot notes were introduced, followed by 500 lirot notes in 1975.
Features for the blind
In the third banknote issuing, released between 1973 and 1975, a feature was added for use in identifying denomination by visually impaired and blind people. A tactile set of dots, with three on the five pound note, two on the 10 pound note, one on the 50 pound note, no dots on the 100 pound note, and a large bar the length of three dots on the 500 pound note.
[
citation needed
]
See also
Bank of Israel
Economy of Israel
Paul Kor
References
Krause, Chester L.; Clifford Mishler (1991).
Standard Catalog of World Coins
: 1801–1991
(18th ed.). Krause Publications.
ISBN
0873411501
.
Pick, Albert (1994).
Standard Catalog of World Paper Money
: General Issues
. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications.
ISBN
0-87341-207-9
.
Footnotes
[4]
[5]
[6]
Jump up
^
One Palestine Pound
, IL: Bank of Israel, archived from
the original
on April 27, 2006
Jump up
^
One Israeli Pound
, IL: Bank of Israel
[
dead link
]
Jump up
^
First Series of the Pound
, IL: Bank Le-Israel
[
dead link
]
Jump up
^
One Palestine Pound
, IL: Bank of Israel - Anglo Palestine Bank Series
Jump up
^
One Israeli Pound
, IL: Bank of Israel - Le-Israel Series
Jump up
^
First Series of the Pound
, IL: Bank of Israel - First Series of the Pound
External links
Bank of Israel catalogue of Israeli currency since 1948
Israeli Lirah coins with pictures
Retrieved from "
https://en.wikipedia.org/w/index.php?title=Israeli_pound&oldid=723840507
"
Categories
:
Currencies of Israel
Pound (currency)
Modern obsolete currencies
1948 establishments in Israel
1980 disestablishments
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