My colleague 'Toast' posted the following in the Aussie forum in Nov 2005
Mintage for 1927 10,000,000. (first year of issue)
Value: Fine 50c, Very fine $2, XF $3
also minted with dates 1935,37,39,40,41,42,43,44,46,47.
You will find this coins in the Krause work coin catalog under "Israel".and I have the a 1927 "2 Mils"(Mintage 5,000,000) and the 1927 "5 Mils" (Mintage 10,000,000) coins. They are not worth much except for the interest sake of collecting.
Also on the same topic, SAP wrote
Another point to note is that these coins were'nt issued by any nation or people that calls itself "Palestine" today. These coins were issued by the British Mandated Territory (read "Colony") of Palestine. The British took the name from the old Ottoman name for the region: Arabic coins with the "filistin" mint name were occasionally struck in the province.
Should "modern Palestine" issue coins at some stage in the future (I dont think they do at the moment), they will in fact share very little with these coins apart from the name. Much like Napoleon's "Kingdom of Italy" has nothing in common with the subsequent nation of the same name, apart from the name. Confusing to the archaeologists of the future!
BTW, the latest edition of Krause lists these "Palestine" coins under "P" - not political correctness on their part, just part of their general reorganization. For example, they list "Ceylon" under "C" and "Sri Lanka" under "S", even though for post-Independence issues, non-Sinhalese speakers can't easily tell the difference. Personally, I prefer it this way, if they can apply it consistently.
