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In 2010, the Bank of Israel issued the first Israeli Bullion Coin in a Series entitled "Jerusalem of Gold". The coins in this series picture famous sites in Jerusalem. Their mintages are limited to 3,600 and they are struck in fine gold.9999 with a diameter of 32mm. They weigh 1 Troy Oz. (31.1 grams) and bear a 20 New Shekels face value. The ...
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]
On 27 June 1967, Israel expanded the municipal boundaries of West Jerusalem so as to include approximately 70 km 2 (27.0 sq mi) of West Bank territory today referred to as East Jerusalem, which included Jordanian East Jerusalem ( 6 km 2 (2.3 sq mi) ) and 28 villages and areas of the Bethlehem and Beit Jala municipalities 64 km 2 (25 sq mi).
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 The 1 agora coin was withdrawn from circulation on April 1, 1991 by the Bank of Israel , [ 3 ] as was the 5 agorot coin on January 1, 2008; in each case the value had shrunk to much less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.
They are kept as a store of value or an investment rather than used in day-to-day commerce. [ 1 ] Under United Kingdom law, a bullion coin may be marketed as a coin if it is minted after 1800, is at least 900 thousandths fine, and are (or have been) legal tender in their country of origin. [ 2 ]
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.
In 1967, Frankenhuis was one of the founders of A.I.N.A, the American Israel Numismatic Association. [20] He displayed exhibitions of his World War II medals at New York coin shows in 1967 - 1968. The Frankenhuis byline appeared over a series of Coin World articles tracing the history of World War II through tokens and medals.
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]
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