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1 Piastre - Zichron Jacob
| Issuer | Zichron Jacob Colony |
|---|---|
| Year | 1885 |
| Type | Emergency coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Edge | Plain |
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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.