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1 Piastre - Zichron Jacob
| Issuer | Zichron Jacob Colony |
|---|---|
| Year | 1885 |
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| Composition | Brass |
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| Obverse description | Large numeral '1' occupying the central field, with the curved legend 'ZICHRON JACOB' arranged along the upper periphery in bold Latin letters. Below the numeral, a decorative floral ornament consisting of a central rosette flanked by leafy branches serves as a dividing device. The design is plain and functional, rendered in low relief against a flat, unadorned field. |
|---|---|
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| Reverse script | Hebrew |
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| Additional information |
Zichron Jacob — founded in 1882 by Romanian Jewish immigrants under the sponsorship of Baron Edmond de Rothschild — issued its own colonial scrip in the mid-1880s as a practical necessity. The settlement had no reliable access to Ottoman currency in sufficient quantities, and internal commerce among colonists required a medium of exchange the central administration could control. These brass piastre tokens circulated within the colony itself, redeemable for goods and labor credit through Rothschild's agricultural management apparatus.
Very few examples are documented today, and survivor populations are almost certainly distorted by deliberate preservation rather than circulation loss.