Bank.notes

Collection Israel #700

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50 ILS

Israel 1978 1946_1989 VF P-P-46 AI extracted ✦ AI 94%
Front · IMG_6716.jpeg cropped
Back · IMG_6717.jpeg cropped
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Identity

Where & when

Country Israel
Currency ILS
Denomination 50
Series name Sheqel Series
Series year 1978
Issue year 1978
Era 1946_1989
Legal status demonetized
Predecessor currency Israeli Pound (Lira)
Successor currency New Sheqel
Subjects & design

What's on the note

Front portrait Shmuel Yosef Agnon
Reverse subject Golden Gate (Sha'ar HaRachamim), Jerusalem
Watermark
Color palette #d4c5a0,#8b4513,#2f1e14
Themes writer,architecture,religion
Language / script Hebrew and English (Latin)

Front: The Golden Gate (Sha'ar HaRachamim) on Jerusalem's Old City eastern wall, adjacent to the Temple Mount. This double-arched gate, sealed since medieval times, is one of Jerusalem's eight gates and holds religious significance in Jewish, Christian, and Islamic traditions. The gate dates to the Byzantine period, though tradition associates it with the earlier Second Temple period.

Back: Shmuel Yosef Agnon (1888–1970), Israeli Nobel Prize-winning writer and one of the central figures of modern Hebrew fiction. Born in Galicia (then Austria-Hungary), he immigrated to Ottoman Palestine in 1908, lived in Germany 1913–1924, then settled permanently in Jerusalem. He received the Nobel Prize in Literature in 1966, the first Hebrew writer to be so honored. Behind him is a building from the German Colony in Jerusalem, with date palms representing the landscape of the Land of Israel.

Production

How it was made

Issuer Bank of Israel
Issuer (native) בנק ישראל
Printer Government Printer, Israel
Engraver
Material paper
Dimensions (mm) 142x71

Signatures: Governor: Yosef Barkats; Manager: A. Shoval

Security features: intaglio,microprint

Geography

Israel in Asia

Israel in Asia. Other countries on the same continent shown in muted grey.

The story

Background & history

This note belongs to the first series of the Israeli Sheqel (also spelled Shekel), introduced on February 24, 1980, replacing the Israeli Pound (Lira) at a rate of 1 Sheqel = 10 Lirot. The series was issued from 1978–1980 during a period of severe hyperinflation in Israel. The currency was denominated in Sheqalim (plural), with denominations from 1 to 10,000 Sheqalim issued by 1984. Due to continued inflation reaching over 400% annually, the Sheqel was itself replaced by the New Sheqel (NIS) in 1985 at a rate of 1 New Sheqel = 1,000 old Sheqalim, making this note worth 0.05 NIS. The series featured Israeli cultural figures and historic Jerusalem sites. This 50 Sheqel note, dated 'Tishrei 5739' (1978 in the Hebrew calendar), was printed by the Government Printer of Israel and bears signatures of Governor Yosef Barkats and Manager A. Shoval.

Catalogue

Collector references

Pick # P-46
Krause ID
Rarity tier common
Series range 1978-1980
Provenance

How it came to me

Acquired date
Acquired from
Acquired price
Currency
Condition
Grade VF
Serial number 5453066376

Note shows moderate circulation with visible fold lines, particularly a center vertical fold. Some edge wear and minor soiling visible. Colors remain relatively bright.

Valuation

What it's worth now

$2–$8
Type default range $2–$8
Valuation history (1)
datelowhighcurrencysourcenote
2026-05-10 09:32:43 2.0 8.0 USD ai from claude-sonnet-4-5
Technical

History & extractions

AI extractions (1)
anthropic · claude-sonnet-4-5 2026-05-10 09:32:43
status: ok · step 1 · $0.0418 · 7371↓ + 1315↑ tokens
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