Rimon Auctions
Auction 18 10-11 Jan 2023
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Paper money token - Palestine - Cheque for 1,000 francs 1908 - Anglo Palestine Bank, Jerusalem branch, Eisenstadt and Rivlin signatures - XF-AU
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.
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.