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The Israel 250 Pruta banknote from 1953, denominated as P#13d, holds historical significance as part of Israel's early currency series. This banknote played a crucial role in the nation's economic development, reflecting its emergence as a sovereign state in the years following its establishment in 1948.
Designed by Otte Wallish, the banknote features a distinctive and symbolic design that encapsulates Israel's identity, history, and aspirations. At the center of the obverse side is a portrait of Eliezer Ben-Yehuda, a prominent figure in the revival of the Hebrew language. This choice of imagery underscores the cultural and linguistic importance of the Hebrew language to the nation's identity.
The reverse side of the banknote depicts a shepherd playing a flute, reflecting the pastoral roots of Israel's society and culture. This imagery evokes a sense of tradition and connection to the land. Surrounding the central design are intricate patterns and ornamental elements, adding to the note's visual appeal.
The mint responsible for producing the Israel 250 Pruta banknote was the Government Printing Works in Jerusalem. This was a significant milestone for Israel, as it marked the establishment of its own printing facility for currency production. Prior to this, Israel had relied on the issuance of banknotes by foreign entities. The creation of a domestic currency printing facility was a symbol of the country's growing independence and self-reliance.
The mintage figures for the Israel 250 Pruta banknote are not readily available, but it is important to note that this denomination was part of the country's efforts to establish a stable and functioning currency system. The issuance of banknotes in various denominations was essential for facilitating economic transactions and promoting confidence in the new state's financial stability.
The denomination of 250 Pruta represents a fraction of the Israeli currency system in the early years of the nation's existence. The Pruta was subdivided into 1000 Mil, and this currency system was in use until Israel transitioned to the New Israeli Shekel (NIS) in the 1980s. The choice of denominations, including the 250 Pruta banknote, was part of Israel's efforts to create a modern and practical currency system.
The condition of the Israel 250 Pruta banknote is described as XF, which stands for Extremely Fine. This condition suggests that the note is in a state of preservation where it may exhibit minimal signs of handling or wear. An XF banknote retains most of its original crispness and detail, making it highly collectible for numismatists and collectors of Israeli currency.
An interesting fact about Israel is its unique position as a nation that was re-established in the 20th century after a long period of exile. The establishment of Israel in 1948 was a momentous event in history, and the country faced numerous challenges in its early years. One of these challenges was the development of a stable and internationally recognized currency system, which included the issuance of banknotes like the 250 Pruta note.
In summary, the Israel 250 Pruta banknote from 1953, with its symbolic design, connection to the nation's history, and role in establishing Israel's currency system, holds a special place in numismatics. Its XF condition adds to its appeal among collectors, and it serves as a tangible reminder of Israel's remarkable journey as a modern nation.