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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.
The Israeli pound (לירה ישראלית, "lira yisraelit") was the currency of the State of Israel from June 1952 until it was replaced with the shekel on 24 February 1980. From 1955, after the Bank of Israel was established and took over the duty of issuing banknotes , only the Hebrew name was used, along with the symbol "IL". [ 8 ]
Coins were used and may have been invented by the early Anatolian traders who stamped their marks to avoid weighing each time used. Herodotus states that the first coinage was issued by Croesus , King of Lydia , spreading to the golden Daric (worth 20 sigloi or shekel), [ 4 ] issued by the Achaemenid Empire and the silver Athenian obol and ...
Israeli currency may refer to these items: Israeli new shekel, used from 1985 to the present; Old Israeli shekel, used from 1980 to 1985; Israeli pound, used from 1948 to 1980; Shekel, used by the United Monarchy of Israel and the Kingdom of Israel, as well as during the Great Revolt
1 prutah coin. In modern times, the pruta was a denomination of currency in Israel. The prutah was introduced shortly after the establishment of the state of Israel, as the 1000th part of the Israeli pound. It replaced the mil, which was the 1000th part of the Palestine pound, a currency issued by the British Mandate of Palestine prior to May 1948.
The image above depicts a unit of currency issued by the Bank of Israel. This design is copyrighted by the Bank of Israel, and its use is permitted by the bank under certain limitations: It is forbidden to print a two-sided reproduction of a banknote (i.e. in a way that makes the reproduction look like a genuine banknote).
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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]