Palestine, Israel notes offered in Jan. 11 Gemini Numismatic Auctions during NYINC

'These notes have never been offered before'
By , Coin World
Published : 12/25/14
Text Size

A collection of Israel and Palestine Mandate paper money will be offered Jan. 11, 2015, by Gemini Numismatic Auctions LLC in conjunction with the New York International Numismatic Convention Jan. 8 to 11.

The auction will be held at the Waldorf-Astoria Hotel, the site of the NYINC.

According to the auction firm, “these notes have never been offered before and are from the years of searching in the late 1960s and early 1970s by a dedicated collector who shared his enthusiasm with his children showing off the notes as he obtained them. Many were obtained through the aid of a friend, named Shasha, a dealer in Tel Aviv who got them directly from their source, who was a signer on many of the notes!”

Under the British Mandate, the Palestine Currency Board issued notes in denominations of Palestinian pounds which were equivalent to British pounds. The notes were redeemed by the Bank of England.

On Nov. 1, 1927 the first of the notes issued by the Palestine Currency Board were put into circulation. These notes were printed in the three official languages Arabic, English and Hebrew by Thomas De La Rue & Company, Limited in London.

For more information about the auction visit the auction firm’s website.

More from CoinWorld.com:

When are they going to open the Boston time capsule and see what's inside?

U.S. Trade dollar series remains one of the most heavily counterfeited among U.S. coins

U.S. Mint making Proof 2015-W silver American Eagles available for more customers during FUN Show

1972 and 1973 'penny bags' offered by U.S. Mint still collectible

United States Mint posts 2015 schedule for offering numismatic products

Keep up with all of CoinWorld.com's news and insights by signing up for our free eNewslettersliking us on Facebook, and following us on Twitter. We're also on Instagram!

You are signed in as:null

Please sign in or join to share your thoughts on this story

No comments yet