Auction #41

THE STRIKING TOP RARITY: 20 OCT 1948 Anglo Palestine Bank Letter of Guarantee for £I 40.000 (Forty thousand Israeli Pounds - equal to U.S $ 160.000 - Y.T.) for Messers Cold Storage for their share in the freight of S/S "Indian Reefer" to sail from Australia. 0.2% of contract value due in Revenue stps levied by: 60 x 500m Ba REV13 (full sheet of 50 + 2 rows of 5 - no margins & tabs) & 50x1000m DOAR IVRI #9 (block of 40 + 2 rows of 5 - total a complete sheet of 50 - no margins & tabs) all tied to back & to an additional annexed page by the bank's cachet dated 20 OCT 1948. This is by far the largest amount of D. Ivri stps used as Revenues on 1 doc; peripheral folds not thru the stps & 2 filing holes in margin only, doc is fine, stps are f - vf. An amazing EXHIBITION SHOWPIECE, no doubt 1 of the PRIME Items of Israel Philately, certif Tsachor - Aloni