Lot #665
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Paper money token - Palestine / Land of Israel - Anglo (England) Palestine company deposit / savings deed - extremely rare and the only surviving one - early 20th century
Printed by Monson Jerusalem. Inside a colorful rectangle, in each corner of which there is an image of an ancient Jewish coin, there is a deposit slip that was given to depositors of money to a savings bank, against the background of the text is an illustrated map of the whole of Israel, a one-of-a-kind item.
Anglo-Palestine (Bank) was founded in February 1902 in London, as a subsidiary of the "Jewish Settlement Treasure" 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 director of the company. The first decade of the company’s activity was fruitful, another 7 branches were opened in Palestine and Beirut and the company was valued not only by the Jewish community but also by the Arab residents and the Ottoman institutions.