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Media Relations

Christina Rees

Christina Rees

Director of Public Relations and Communications

CRees@HA.com
Steve Lansdale

Steve Lansdale

Senior Public Relations and Communications Specialist

SteveL@HA.com
Rhonda Reinhart

Rhonda Reinhart

Intelligent Collector Editor and Communications Specialist

RhondaR@HA.com
Jesse Hughey

Jesse Hughey

Public Relations Specialist

JesseH@ha.com

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Press Release - December 16, 2005

Heritage to Auction Exceptionally Rare Palestinian Note!

Dallas, Texas: Heritage Galleries & Auctioneers (HG&A) will offer a British Administration 100 Palestine Pounds 1 September 1927, in their upcoming Signature auction, to be held January 8 & 9 in New York City.

"This is one of the most storied and sought after banknotes in the world," said Warren Tucker, Director of World Coin Auctions for HG&A. "The Bank of England records have long documented that only six issued notes were not redeemed, and five are now known. This count does not include the serial number one 1927 note recently discovered in Israel."

The note, which is serial numbered A000719, displays minor graffiti in the margins, and a missing left upper corner tip. It is in F-VF condition.

"The Palestine 100 Pounds has been a centerpiece for collections such as Berlin, Kagin and Fisher, and is the Holy Grail for any collection of the Middle East," Tucker said. "For decades it has been impossible to obtain this type and now with this offering, one collector will be able to add his name to the impressive list of numismatists who have owned this piece of history."

The British Administration 100 Palestine Pounds 1 September 1927 has a pre-auction estimate of $150,000.

For more information about Heritage's auctions, and a complete record of prices realized, along with full-color, enlargeable photos of each lot, please visit our Permanent Auction Archives at HeritageGalleries.com.

To reserve your copy of any Heritage auction catalog, please contact Nicole Jewell at 1-800-872-6467, ext. 272, or visit HeritageGalleries.com to order by email.