100 Mill    (sold for $42.0)

1927, Israel/Palestine (British Government).  Silver 100 Mils Coin. Lacquered AU+

Mint Year: 1927 Reference: KM-7. Denomination: 100 Mils Condition: Lacquered (an old-fashioned method to conservate coins, which was used during the 1980s. Easily removable with a good solvent such as acetone), otherwise AU+ Material: Silver (.720) Weight: 11.64gm Diameter: 29mm

Obverse: Denomination in Arabic, English and Hebrew. Legend: ONE HUNDRED MILS

Reverse: Olive branch flanked by date in English and Arabic. Legend in Arabic, English and Hebrew around. Legend: PALESTINE 1927

The British Mandate for Palestine, also known as the Palestine Mandate and the British Mandate of Palestine, was a legal commission for the administration of Palestine, the draft of which was formally confirmed by the Council of the League of Nations on 24 July 1922 and which came into effect on 26 September 1923. The document was based on the principles contained in Article 22 of the draft Covenant of the League of Nations and the San Remo Resolution of 25 April 1920 by the principal Allied and associated powers after the First World War. The mandate formalised British rule in the Southern part of Ottoman Syria from 1923–1948. With the League of Nations' consent on 16 September 1922, the UK divided the Mandate territory into two administrative areas, Palestine, under direct British rule, and autonomous Transjordan, under the rule of the Hashemite family from Hijaz Saudi Arabia, in accordance with the McMahon Pledge of 1915. Transjordan was exempt from the Mandate provisions concerning the Jewish National Home. The preamble of the mandate declared:

Whereas the Principal Allied Powers have also agreed that the Mandatory should be responsible for putting into effect the declaration originally made on November 2nd, 1917, by the Government of His Britannic Majesty, and adopted by the said Powers, in favour of the establishment in Palestine of a national home for the Jewish people, it being clearly understood that nothing should be done which might prejudice the civil and religious rights of existing non-Jewish communities in Palestine, or the rights and political status enjoyed by Jews in any other country.

The formal objective of the League of Nations Mandate system was to administer parts of the defunct Ottoman Empire, which had been in control of the Middle East since the 16th century, "until such time as they are able to stand alone."

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