Lot #124
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Palestine - 20 Para 1880 - PCGS XF 40 - Tempels.
The Templars were Germans Protestants who broke away from their church and led by Christoff Hoffman. They moved to the Holy Land to learn an excemplary way of life in the Bibical tradition. in 1868, they astarted immigrating to palestine and settled in Haifa, Jaffa and Jerusalem, as well establishing their own farms. They had their own schools and Church, and engaged in trade and industry. To cope with the constant shortage of small change, the “Centralcasse” the main financial organization of the Templars in Jerusalem, issued tokens which circulated from about 1880 to 1917.
the tokens circulated i Jaffa and Haifa as well as in Jerusalem, and were issued in denominations of Paras, matching the currect Turkish money. They were recalled after world war 1 and subsequently sold to metal dealers to be melted down.
it is belived that they were struck at the royal mint of wurttemberg.