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Chapter III |
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Palestine Currency Board |
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500 Mils |
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Cat. |
Date |
Remarks |
Value USD |
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VG |
F |
VF |
XF |
AU |
Unc. |
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1a |
1st September 1927 |
*Spink's London auction, Oct. 2007 |
000001,000.00 |
000001,300.00 |
0000.2,000.00 |
00222,000.00* |
000.30,000.00 |
000.40,000.00 |
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1b |
30th September 1929 |
*Spink's London auction, Oct. 2007 |
800.00 |
840.00 |
3,200.00* |
10,000.00* |
15,000.00 |
24,000.00* |
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1c |
20th April 1939 |
*Spink's London auction, Oct. 2007 |
500.00 |
750.00 |
1,000.00 |
3,800.00* |
7,000.00 |
11,000.00* |
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1d |
15th August 1945 |
*Spink's London auction, Oct. 2007 |
800.00 |
5,000.00* |
7,000.00 |
10,000.00 |
14,000.00* |
25,000.00 |
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Images on Palestine Currency Board 500 Mils Note: |
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The obverse of the 500 Mils British Mandate currency note shows Rachel's Tomb. According to the Bible (Genesis 35:19-20), "...Rachel died, and was buried in the way to Ephrath, which is Bethlehem. And Jacob set a pillar upon her grave: that is the pillar of Rachel's grave unto this day." The present-day structure that is believed to obtain Rachel's remains dates from 1623 when the Ottoman Governor of Jerusalem enclosed the then existing pyramid of stones within a dome-covered stone building. Only one year after the British artist W.H. Bartlett made the steel engraving shown here, Sir Moses Montefiore oversaw the enlargement of the building to its present form. The Tower of David is featured on the reverse of the 500 Mills note and all other British Mandate currency notes. This impressive towering building, beautifully captured by David Roberts, is part of the citadel of the Old City of Jerusalem. Since the 2nd century BC, several fortified structures have stood intermittently on the same spot. The citadel was rebuilt between 1537 and 1541 by the Ottomans, who designed an impressive entrance, behind which stood a cannon emplacement. For 400 years, the citadel served as a garrison for Turkish troops. The Ottomans also installed a mosque at the site and added the minaret in 1635, which still stands today and gives the citadel its impressive look. The complex was named Tower of David (Migdal David in Hebrew, and Burj Da'oud in Arabic) during that period too, because of its proximity to Mount Zion, the place where King David is believed to be buried. |
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1 Palestine Pound |
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Cat. |
Date |
Remarks |
Value USD |
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VG |
F |
VF |
XF |
AU |
Unc. |
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2a |
1st September 1927 |
*Spink's London auction, Oct. 2007 |
700.00 |
1,000.00 |
1,500.00 |
11,000.00* |
14,000.00* |
25,000.00 |
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2b |
30th September 1929 |
*Spink's London auction, Oct. 2007 |
500.00 |
650.00 |
4,000.00* |
5,600.00* |
6,400.00* |
18,000.00* |
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2c |
20th April 1939 |
*Spink's London auction, Oct. 2007 |
400.00 |
500.00 |
1,800.00* |
2,600.00* |
3,200.00* |
5,200.00* |
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2d |
1st January 1944 |
*Spink's London auction, Oct. 2007 |
500.00 |
600.00 |
900.00 |
3,600.00* |
5,600.00 |
12,000.00 |
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Images on Palestine Currency Board 1 Pound Note: |
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The Dome of the Rock, maybe the best known Jerusalem landmark, is pictured on the 1 Palestine Pound currency note. This masterpiece of architectural aesthetics was built between 687 and 691 AD by the 9th Caliph, Abd al-Malik. Sometimes erroneously called the Mosque of Omar, it stands in the middle of the Temple Mount, and the rock in the center of the mosque symbolizes the spot where - according to the Bible - Abraham was about to sacrifice his son Isaac. According to Islamic tradition, the prophet Muhammad ascended to heaven from the rock, after his nightly journey from Mecca to Jerusalem on el-Buraq, a winged horse. The Tower of David is depicted on the reverse of the 1 Palestine Pound note, as well as on all other British Mandate currency notes. |
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5 Palestine Pounds |
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Cat. |
Date |
Remarks |
Value USD |
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VG |
F |
VF |
XF |
AU |
Unc. |
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3a |
1st September 1927 |
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6,000.00 |
9,000.00 |
15,000.00 |
25,000.00 |
40,000.00 |
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3b |
30th September 1929 |
*Spink's London auction, Oct. 2007 |
800.00 |
1,000.00 |
5,200.00* |
7,000.00 |
10,000.00 |
18,000.00 |
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3c |
20th April 1939 |
*Spink's London auction, Oct. 2007 |
600.00 |
750.00 |
4,000.00* |
6,500.00 |
8,000.00 |
15,000.00 |
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3d |
1st January 1944 |
*Spink's London auction, Oct. 2007 |
700.00 |
950.00 |
4,400.00* |
5,600.00* |
9,000.00 |
17,000.00 |
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Images on Palestine Currency Board 5 Pounds Note: Lithograph by Rev. Samuel Manning, 1873 |
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On the obverse of the 5 Palestine Pounds currency note appears the White Tower of Ramle, also known as the Ramle Crusaders' Tower, the Tower of the Forty Martyrs, and the White Mosque. The tower, erected in 1318 AD, was originally part of the compound of the White Mosque, built in the 8th century by Caliph Suleiman. The Tower of David is shown on the reverse of the 5 Palestine Pounds note and all other British Mandate currency notes. |
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10 Palestine Pounds |
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Cat. |
Date |
Remarks |
Value USD |
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VG |
F |
VF |
XF |
AU |
Unc. |
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4a |
1st September 1927 |
*LKCA Kansas City, MO, auction, Dec. 2008 |
8,000.00 |
10,000.00 |
62,500.00* |
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4b |
30th September 1929 |
*Spink's London auction, Oct. 2007 |
1,200.00 |
1,600.00 |
2,200.00 |
6,000.00 |
23,000.00* |
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4c |
7th September 1939 |
*Spink's London auction, Oct. 2007 |
900.00 |
1,200.00 |
1,800.00 |
8,000.00* |
20,000.00 |
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4d |
1st January 1944 |
*Spink's London auction, Oct. 2007 |
1,000.00 |
1,300.00 |
2,000.00 |
5,000.00 |
14,000.00 |
38,000.00* |
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Images on Palestine Currency Board 10 Pounds Note: Tour 40 martyrs Ramele (Tower of the Forty Martyrs at Ramle), by Felix Bonfils, Beirut Reverse: |
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On the obverse of the 10 Palestine Pounds currency note appears the White Tower of Ramle. The Tower of David is featured on the reverse of the 10 Palestine Pounds note, and all other British Mandate currency notes. |
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50 Palestine Pounds |
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Cat. |
Date |
Remarks |
Value USD |
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VG |
F |
VF |
XF |
AU |
Unc. |
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5a |
1st September 1927 |
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19,000.00 |
21,000.00 |
25,000.00 |
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5b |
30th September 1929 |
*Spink's London auction, Oct. 2007 |
19,000.00 |
21,000.00 |
140,000.00* |
160,000.00* |
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5c |
7th September 1939 |
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19,000.00 |
21,000.00 |
25,000.00 |
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Images on Palestine Currency Board 50 Pounds Note:
Obverse: Photograph from 1940 Reverse: |
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On the obverse of the 50 Palestine Pounds currency note appears the White Tower of Ramle. The Tower of David is depicted on the 50 Palestine Pounds note, as well as on the reverse of all other British Mandate currency notes. |
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100 Palestine Pounds |
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Cat. |
Date |
Remarks |
Value USD |
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VG |
F |
VF |
XF |
AU |
Unc. |
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6a |
1st September 1927 |
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6b |
30th September 1929 |
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6c |
10th September 1942 |
Issued as specimen only |
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Images on Palestine Currency Board 100 Pounds Note:
Obverse: Reverse: |
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On the obverse of the 100 Palestine Pounds currency note appears the White Tower of Ramle. The Tower of David is featured on the reverse of the 100 Palestine Pounds note, and all other British Mandate currency notes. |
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