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The Bank of Israel maintains that the 10 agorot design was selected for its historical value, and is a "replica of a coin issued by Mattathias Antigonus (40–37 B.C.E.) with the seven-branched candelabrum". [6] The design, by Nathan Karp, first appeared on the 100 shekel coin issued by the Bank of Israel on 2 May 1984. [7]
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 The 1 agora coin was withdrawn from circulation on April 1, 1991 by the Bank of Israel, [3] as was the 5 agorot coin on January 1, 2008; in each case the value had shrunk to much less than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.
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 ...
Israel Coins and Medals Corp. is the body permitted by the Government of Israel to issue the official State Medals of Israel [1] and under an exclusive contract with the Bank of Israel, the corporation is the exclusive worldwide distributor of the commemorative coins and special banknote issues of the Bank of Israel. [2]
These preserved the appearance of the similar coins under the pound but were worth 10 times as much. The initial runs were struck at foreign mints in order to preserve the secrecy of the coming currency conversion. IS 1 coins were introduced in 1981; IS 5 and IS 10 coins in 1982; and IS 50 and IS 100 coins in 1984. [3]
An exhibit and luncheon are planned in Fort Worth to celebrate the 75th anniversary of the formation of Israel. Israel was formed 75 years ago. Here’s how Jewish people in Fort Worth celebrated
The coin is dated 1987 with an engraved inscription. "Assuming the person bought the coin in 1987, they would have paid an average price that year of $520.
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.