Front: (value) 500 above (currency) פרוטה (h.t.v→o.r.p ←, Prutah)
(bottom, hebrew year) תש'ט (JE(5)709 - 9(no.)300+400 - 1949)
legend: none, A wreath with (2x7-2x7) 28 leaves
Back: Branch with three pomegranates
legend: (top, state name in Hebrew) ישראל (l.a'.r.s.y ←, Yisrā'el, Israel)
(bottom state name in Arabic) اسرائيل (l.ī.a.r.s.'i ←, Isrāʼīl, Israel)
Edge: G - grained, type: bars
Note: Not placed into circultion
Also known as: Dav. 257
