Nilaish Paper Money Collection

Nilaish Paper Money Collection

Wednesday, July 3, 2013

1929 Rare Palestinian 100 palestine pounds note was sold for £65,000 at London

1929, Palestine Currency Board, 100 Palestine Pounds, Extremely rare,
Sold for £65,000 by SPINK at London Auctions. 
Curtsey: SPINK 

April 11, 2013 - SPINK World Banknote Auctions (London):

The above extremely rare 100 Palestine Pounds note of 1929 was auctioned by SPINK at London for £65,000. The estimate in the catalogue was between £80,000 - £120,000. This specimen of 100 pounds was issued on 30 September 1929  with red serial A 000000 by the Palestine Currency Board. The note is in green colour with the White Tower at Ramleh at left and signed by Sir John Caulcutt, Sir Percy Ezechiel and H. F. Downie, the members of the Palestine Currency Board. This note was purchased by an Arab buyer as reported in news . It is remarkable to note that only 5 examples are known to exist of 100 pounds note. It is certainly a great accomplishment for the buyer. 


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