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Auction 18  10-11 Jan 2023
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Lot 306

Starting price: 70 USD
Price realized: 70 USD
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Paper money token - Palestine - Cheque for 4,400 mills 1920 - Anglo Palestine Bank Tiberias branch - Yehoshua Manoah Kibbutz Dagania - Rare

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.
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