Stamp: 1 Pound Banknote (Palestinian Territory 2019)

1 Pound Banknote (Palestinian Territory 2019)

15 January (Palestinian Territory ) within release Palestinian Currency from the Mandate Era goes into circulation Stamp 1 Pound Banknote face value 250 Palestine mil

Stamp 1 Pound Banknote in catalogues
Colnect codes: Col: PS 2019-05MS2b

Stamp is square format.

stamp from mini-sheet

Also in the issue Palestinian Currency from the Mandate Era:

Data entry completed
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Stamp 1 Pound Banknote in digits
Country: Palestinian Territory
Date: 2019-01-15
Print: Offset lithography
Emission: Commemorative
Format: Stamp
Face Value: 250 Palestine mil

Stamp 1 Pound Banknote it reflects the thematic directions:

A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. 

Stamp, 1 Pound Banknote, Palestinian Territory,  , Banknotes