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Lot #968
$150
Malta – 1 Pound 1967 – PMG 64 EPQ Obverse: Elizabeth II at right, George Cross in centre Lettering: CENTRAL BANK OF MALTA, THIS NOTE…
$150
Read moreLot #969
$100
Malta – 5 Pounds 1949 – PMG 30 Obverse: Elizabeth II at right, George Cross in centre Lettering: GOVERNMENT OF MALTA, THIS NOTE IS LEGAL…
$100
Read moreLot #970
$200
Mauritius – 25 Rupees 1967-1978 – SPECIMEN – UNC Obverse: Green on multicolored underprint. Queen Elizabeth II at right Lettering: Bank of Mauritius, Twenty Five…
$200
Read moreLot #971
$200
Mauritius – 50 Rupees 1978 – SPECIMEN – PMG 66 EPQ Obverse: On the left, three quarter portrait of Her Majesty Queen Elizabeth II. On…
$200
Read moreLot #972
$200
Mexico – 1 Peso 1915 – El Estado de Chihuahua – Printing Error – PMG 66 EPQ Obverse: Black and blue print; red serial numbers.…
$200
Read moreLot #974
$3,800
Palestine – 500 mils 1927 – PMG 30 – Prefix A The hardest year to achive from the 500 Mils In 1917, the British conquered…
$3,800
Read moreLot #975
$3,200
Palestine – 500 mils 1929 – PMG 35 – Prefix B According to PMG, there are only 4 banknotes that are graded above this grade.…
$3,200
Read moreLot #976
$120
Palestine – 500 mils 1929 – G-VG – Prefix C According to PMG, there are only 4 banknotes that are graded above this grade. A…
$120
Read moreLot #977
$620
Palestine – 500 mils 1939 – PMG 30 – Prefix F In 1917, the British conquered Israel from the Ottomans and British military rule in…
$620
Read moreLot #977.1
$500
Palestine – 500 mils 1939 – PMG 25 – Prefix F In 1917, the British conquered Israel from the Ottomans and British military rule in…
$500
Read moreLot #973
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Lot #968
$150
Malta – 1 Pound 1967 – PMG 64 EPQ Obverse: Elizabeth II at right, George Cross in centre Lettering: CENTRAL BANK OF MALTA, THIS NOTE…
$150
Read moreLot #969
$100
Malta – 5 Pounds 1949 – PMG 30 Obverse: Elizabeth II at right, George Cross in centre Lettering: GOVERNMENT OF MALTA, THIS NOTE IS LEGAL…
$100
Read moreLot #970
$200
Mauritius – 25 Rupees 1967-1978 – SPECIMEN – UNC Obverse: Green on multicolored underprint. Queen Elizabeth II at right Lettering: Bank of Mauritius, Twenty Five…
$200
Read moreLot #971
$200
Mauritius – 50 Rupees 1978 – SPECIMEN – PMG 66 EPQ Obverse: On the left, three quarter portrait of Her Majesty Queen Elizabeth II. On…
$200
Read moreLot #972
$200
Mexico – 1 Peso 1915 – El Estado de Chihuahua – Printing Error – PMG 66 EPQ Obverse: Black and blue print; red serial numbers.…
$200
Read moreLot #974
$3,800
Palestine – 500 mils 1927 – PMG 30 – Prefix A The hardest year to achive from the 500 Mils In 1917, the British conquered…
$3,800
Read moreLot #975
$3,200
Palestine – 500 mils 1929 – PMG 35 – Prefix B According to PMG, there are only 4 banknotes that are graded above this grade.…
$3,200
Read moreLot #976
$120
Palestine – 500 mils 1929 – G-VG – Prefix C According to PMG, there are only 4 banknotes that are graded above this grade. A…
$120
Read moreLot #977
$620
Palestine – 500 mils 1939 – PMG 30 – Prefix F In 1917, the British conquered Israel from the Ottomans and British military rule in…
$620
Read moreLot #977.1
$500
Palestine – 500 mils 1939 – PMG 25 – Prefix F In 1917, the British conquered Israel from the Ottomans and British military rule in…
$500
Read more
Palestine - Cash Check, 10 Francs 1914 - First Series, Type 1 - PMG 25...
Palestine – Cash Check, 10 Francs 1914 – First Series, Type 1 – PMG 25 – Rare
Singed "Paid"
Anglo Palestine (Bank) was founded in February 1902 In London, as a subsidiary of the "Jewish Settlement Fund" which was established by Herzl to serve as a financial instrument of the Zionist movement. The first branch of the company was opened in August 1903, by David Zalman Levontin, the founder and first manager of the company.
On July 28, 1914, the First World War broke out in Europe, the Ottoman Empire imposed economic restrictions throughout the empire and of course in Palestine. The restrictions together with the uncertainty of war in Europe caused the population to hoard cash, and the lack of money circulation caused an economic crisis and almost a complete stoppage of trade in the settlement.
In order to overcome the lack of cash and provide the residents with the "golden francs" (gold coins and mainly gold coins francs were the basis of trade in Palestine before the war), AFC created the method of using registered checks or "cheques Marked" as they were called.