By
Howard M. Berlin
Widener University, USA.
e-ISBN: 978-625-7501-25-5
DOI:
Publishing Date: December 5, 2025
File Size: 4,118 MB
Length: xii + 109 pages (PDF)
Language: English
Dimensions: 13,5 x 21,5 cm
This Book is completely open access. You can freely read, download and share with everyone. 
When the British defeated the Ottoman Turks and the armistice was signed on October 31, 1918, Palestine, part of the defeated Ottoman Empire, was adminis¬tratively divided into the Mutasarrifate (a sub province) of Jerusalem and the Vilayets (a major administrative district or province) of Beirut and Damas¬cus. Palestine was then governed by the British, first as a military occupation, and then as a Mandate granted to them as a Trust by the League of Nations. Prior to 1927, Palestine had no currency that was solely its own, but rather coins and banknotes of many other countries that were used in Palestine. These were mostly those of Turkey, Egypt, France, Great Brit¬ain, India, Germany, Russia, Austria, and the United States.
The author of this working paper traces the need for a Palestine currency and the formation of the Palestine Currency Board, which remained in effect until March 31, 1952, nearly four years after the State of Israel was established on May 14, 1948. Parts of this working paper was adapted from the author’s book: The Coins and Banknotes of Palestine Under the British Mandate, 1927-1947, McFarland & Company, Inc. (2001) and is built on the writings of numismatic researchers Jack H. Fisher, Esq. (deceased) and Raphael Dabbah, both of whom the author has had the pleasure of knowing for many years.
Where verbatim passages are taken from British sources, the British spellings have been retained. Unless credited otherwise, all images of coins and currency notes were from the author’s collection.
Preface
Acknowledgements
Origin and Governance of the Palestine Mandate After World War I
Official tariff
Coinage other than Turkish
Turkish Currency
Notice
Anglo Palestine Company Proposals
The Financial Advisory Committee
Proposals for the Basis of a New Currency
Palestine Currency Board Members are Appointed
The Palestine Currency Order, 1927
Notice
Operation of the Palestine Currency Board
The Five-Year Period 1926-1930
Notice: Palestine currency
The Five-Year Period 1931-1935
The Five-Year Period 1936-1940
The Five-Year Period 1941-1945
The Final Years 1946-1952
Redemption of Currency Notes Following Demonetization
Appendix
Appendix A: Charter of the Palestine Mandate
Appendix B: Text of the Establishment of the Palestine Currency Board
Appendix C: Text of the Palestine Currency Order, 1927
Appendix D: The Currency Notes Ordinance 1927
Appendix E: Annual Summary of Coins and Currency Notes in Circulation for Fiscal Years Ending March 31
References
Howard M. Berlin
Widener University, USA.
Dr. Howard M. Berlin received BEE and BA degrees from the University of Delaware, an MS degree in electrical engineering from Washington University, and an MEd degree in computer science education as well as a doctorate in educational statistics from Widener University. He had been elected as a Senior Member of the Institute of Electrical and Electronic Engineers (IEEE), and elected to RESA, Sigma Xi, and Phi Theta Kappa honor societies.
Dr. Berlin had been an electrical engineer with the U.S. Department of Defense for 13 years, during which time he was awarded three U.S. patents. He then retired after 22 years from the Electronic/Electrical Engineering Technology faculty at the Stanton Campus of Delaware Technical Community College. Dr. Berlin has also taught undergraduate and graduate courses at several universities as well as short courses at conferences. He is the author of many magazine articles, journal articles, and editorials, in addition to over 30 books, that cover diverse areas of electronic circuit design, financial markets, numismatics, and the cinema. Some of his books have been translated into German, Italian, and Portuguese. Dr. Berlin has received a number of literary awards for his books, articles, magazine columns, and photography.
Throughout his career prior to retirement, Dr. Berlin served numerous times as a judge for the International Science and Engineering Fair, a program evaluator for the Accreditation Board for Engineering and Technology (ABET), and a contributor to the College Board. He had also been interviewed on radio and national television programs for his expertise on U.S. Treasury securities.
During both his professional and leisure times, he has had the good fortune to have traveled widely, having visited 75 countries. His pastimes include numismatics, playing bluegrass banjo and folk guitar; and he has been licensed as a ham radio operator for over 62 years since the age of 13 (W3HB).nd the American Economic Association.
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