1939 1 Pound Palestine Currency Board Banknote – P-7c | PCGS 35

1939 1 Pound Palestine Currency Board Banknote – P-7c | PCGS 35 | British Mandate Era | Rare

The 1939 1 Pound Palestine Currency Board banknote (P-7c) is an exceptional piece of numismatic history from the British Mandate period. This rare and highly sought-after banknote represents a significant era in Middle Eastern history, making it a prized collectible for both currency enthusiasts and investors. Graded PCGS 35 (Choice Very Fine), this note retains much of its original detail, strong design elements, and solid structure despite being over 80 years old.

Issued by the Palestine Currency Board, this banknote was part of the British administration’s effort to establish a stable monetary system in the region. It remains one of the most desirable banknotes for collectors due to its historical importance, scarcity, and well-preserved condition.

Historical Significance of the 1939 1 Pound Palestine Banknote

The Palestine Currency Board was established in 1927 under British rule to issue legal tender for Palestine, which then included present-day Israel, the West Bank, and Gaza. The board issued notes in several denominations, with the 1 Pound note being one of the most widely used and recognized currencies of the time.

The 1939 issue (P-7c) was released in the years leading up to World War II, during a period of political and economic shifts in the region. With tensions rising globally and in Palestine itself, this banknote serves as a tangible link to the complex history of the British Mandate era.

Many of these banknotes were withdrawn or lost following the dissolution of the Mandate in 1948, adding to their rarity today. This 1939 Palestine 1 Pound note is, therefore, not just a collector’s item but also a historical artifact that reflects the economic and political landscape of pre-1948 Palestine.

Design and Features of the 1939 Palestine One Pound Note (P-7c)

Obverse (Front Design)

• Features an artistic rendering of the Dome of the Rock, one of the most iconic and culturally significant landmarks in Jerusalem.
• The banknote includes inscriptions in three languages—English, Hebrew, and Arabic—reflecting the diverse population of British Mandate Palestine.
• Official serial numbers and signature elements confirm its authenticity and issuance by the Palestine Currency Board.

Reverse (Back Design)

• The reverse side features an intricate geometric pattern, characteristic of early 20th-century British currency design.
• A carefully placed watermark adds an extra layer of security, making counterfeiting difficult.

PCGS 35 Grading – What It Means

This specific banknote has been professionally graded PCGS 35 (Choice Very Fine), meaning it retains significant visual appeal with minimal signs of wear for its age. Key features of this grading include:

✔ Strong paper quality: The note remains structurally sound with no severe tears or damage.
✔ Crisp details: The print and engravings are still clear, ensuring that the intricate designs and text are easy to recognize.
✔ Slight circulation wear: While there may be minor creases or handling marks, the overall integrity of the note remains intact.
✔ High collector value: PCGS certification adds credibility and transparency to the banknote’s authenticity and grading.

For serious collectors, a PCGS 35 rating ensures a balance between affordability and quality. It also enhances the note’s investment potential, as properly graded banknotes tend to appreciate in value over time.

Why This 1939 1 Pound Palestine Note is a Valuable Investment

1. Rarity and Demand

As one of the final issues before the end of British rule in 1948, the 1939 1 Pound Palestine banknote is increasingly rare. Many notes from this period were either destroyed, lost, or heavily circulated, making high-quality specimens like this one exceptionally difficult to find.

2. Historical and Numismatic Importance

This banknote represents a pivotal period in Middle Eastern history, making it desirable not only for numismatists but also for historians and investors seeking a historically significant artifact.

3. Investment Potential

Over the past few decades, banknotes from the British Mandate period have consistently increased in value, particularly those in higher grades with official certification. This note’s PCGS 35 rating ensures its authenticity and marketability, making it a secure addition to any investment portfolio.

4. Collector’s Appeal

Numismatists and history enthusiasts alike appreciate this note for its:

• Striking design elements, featuring the Dome of the Rock and detailed engravings.
• Cultural significance, as it represents a time of transition in the region.
• Scarcity, as fewer of these notes remain in collectible condition today.

Conclusion

The 1939 1 Pound Palestine Currency Board banknote (P-7c) – PCGS 35 is a rare and valuable collectible that embodies a crucial era in Middle Eastern history. With historical relevance, a beautiful design, and a strong condition rating, this note is a must-have for serious collectors and investors.

If you are looking to acquire a genuine piece of numismatic history from the British Mandate era, this PCGS 35-certified 1939 Palestine 1 Pound banknote is an excellent choice. Don’t miss the opportunity to own a piece of the past that will only grow in value over time!