Items in this sale are Israeli stamps from 1948 until today, including envelopes and postcards, and various documents from Eretz Israel and the world.
Including coins and banknotes from the British Mandate and Israel. Means of payment (tokens, cards, and more) Markings Pins and Templar coins from all over the world.
LOT 112:
Palestine Israel, Templars token, B&C 1/4 piaster, 1880, HAFFNER CC-14B, PCGS EF-DETAIL The tokens ...
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Sold for: $260
Start price:
$
200
Estimated price :
$300 - $400
Buyer's Premium: 20%
More details
VAT: 17%
On commission only
Users from foreign countries may be exempted from tax payments, according to the relevant tax regulations
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Palestine Israel, Templars token, B&C 1/4 piaster, 1880, HAFFNER CC-14B, PCGS EF-DETAIL
The tokens were created as a substitute for "small money" - for use in everyday life and a number of reasons led to their issuance:
First, in those days, both under Turkish rule and later, under British rule, there was a considerable shortage of "small money" which severely limited the possibilities of trade and use of various services.
Second, a lot of money came to the community in the Land of Israel from donations and family members from overseas and the exchangers in the country charged a large fee for exchanging the money.
Third, the tokens were also used as a means of payment for the Arab workers who did not believe in a means of payment from paper.