Auction 5 Jewish and Israeli History and Culture
Jun 10, 2009 (Your local time)
Israel
 8 Ramban St, Jerusalem.
The auction has ended

LOT 319:

Fake share – The Palestine Commercial Bank, 1910

Start price:
$ 180
Auction house commission: 23%
VAT: 17% On commission only
tags:

Fake share, The Palestine Commercial Bank – Banque Commerciale de Palestine, 1910. Arabic and French.
Half of the shares of the Palestine Commercial Bank were held by APAC (an Anglo-Palestine Bank). Levontin, the manager of APAC, initiated the partnership assuming it would make it easier for him to obtain various concessions for development works, as the bank was an Ottoman company managed by Arabs, among them Salim Ayub, the General Consul of Persia in Jerusalem.
Printed by Monzon Press, Jerusalem.