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The commemorative coins issued by the Bank of Israel are struck in gold and silver. The 1 New Shekel and 2 New Shekel Coins are struck in silver, while the 5, 10 and 20 New Shekels (and small size 1 New Shekel) are struck in gold. In 2010, the Bank of Israel issued the first Israeli Bullion Coin in a Series entitled "Jerusalem of Gold".
There are coins of 10 and 50 agorot, though the 50 agorot coin bears the inscription: "1 ⁄ 2 New Shekel". The 1 agora coin was withdrawn from circulation on April 1, 1991 by the Bank of Israel , [ 3 ] as was the 5 agorot coin on January 1, 2008; in each case the value had shrunk to much less than the cost of production.
The first group of these coins reviewed by numismatists were 10 silver pieces and one bronze piece found in the mid-nineteenth century. [3] By 1881 the number of coins had grown to 43, [3] and many more have been found since. [4] These coins were first attributed to Bar Kokhba by Moritz Abraham Levy in 1862 and Frederic Madden in 1864. [3]
In the fourth year of the revolt (69–70 CE) three large sizes of bronze coins were minted, possibly because the supplies of Temple silver were diminishing. It is believed by numismatists that these coins were fractions of a shekel. The smaller of these coins also has the depiction of a chalice, together with symbols of the Jewish harvest ...
This rare coin is notable because it doesn’t contain a mint mark; the U.S. Mint deliberately didn’t include mint marks on coins produced from 1965 to 1967, to limit coin hoarding. The Mint ...
The coins were conceived, in part, by Israeli graphic designer Otte Wallish. All coins and banknotes issued in Israel before June 1952 were part of the Palestine pound. In 1960, coins were issued denominated in agora. There were 1, 5, 10 and 25 agorot pieces. In 1963, IL 1 ⁄ 2 and IL 1 coins were introduced, followed by IL 5 coins in 1978.
Under United States law, coins that do not meet the legal tender requirement cannot be marketed as "coins". Instead, they must be advertised as rounds. [3] Bullion coins are typically available in various weights, usually multiples or fractions of 1 troy ounce, but some bullion coins are produced in very limited quantities in kilograms or heavier.
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