Palestine - 2 Piaster 1930' - Palatin Hotel - PCGS AU 55 - Very high grade for this token

Palestine - 2 Piaster 1930' - Palatin Hotel - PCGS AU 55 - Very high grade for this token A money substitute, a token, issued by the Platin Hotel similar to cafes And institutions in the late 19th century to early 20th century due to lack of small money. A rare token with a particularly high grading Face: 5 Piasters. Back: The inscription "Palatin Hotel", surrounded by a flower. The Platin Hotel is a building in Tel Aviv, at the corner of Ahad Ha'am Street and Nahalat Binyamin Street. The building used to be a hotel and is now used as an office building. When it was built and opened in 1926, it was considered the most central, innovative and luxurious hotel in the city. The hotel contained 60 rooms, a concert hall where the Eretz Israel Symphony Orchestra and a billiard and dance club played. During the Great Arab Revolt (1936-1939), the hotel business was severely damaged, and the hotel closed in 1938 and was converted into an office building. The magnificent entrance building was demolished while moving the entrance to the right, and the basement windows were sealed. The front of the ground floor facing the streets of Ehad Ha'am and Nahalat Binyamin was adapted for trade. In 1942, in the midst of World War II, he operated a guest house building for Allied soldiers. In 1943, the American Red Cross Soldiers Club was opened at the hotel, in an impressive ceremony in the presence of Israeli Mayor Rokach and senior American officers. With the establishment of the state and the departure of the British from the country, the hotel was converted into an office building Source: Wikipedia