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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 ]
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 drachma. Early coins were money stamped with an official seal to certify their weight. Silver ingots, some of them with markings, were issued.
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".
A rare collection of ancient coins was discovered last week by Israeli researchers, who called the find an "archaeological Hanukkah miracle." The coins are more than 2,000 years old and believed ...
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 The 1 agora coin was withdrawn from circulation on April 1, 1991 by the Bank of Israel, [3] as was the 5 agorot coin on January 1, 2008; in each case the value had shrunk to much less than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 newly minted silver coins included shekels, half-shekels, and quarter-shekels, each being labelled with the year of minting and their denomination. [ 2 ] and depict a chalice on the obverse with the year of the revolt above, surrounded by the ancient Hebrew inscription "Shekel of Israel".
Reverse of a Yehud coin from the Persian era, with lily (symbol of Jerusalem) [1] Obverse of a Judean silver Yehud coin from the Persian era (0.58 gram), with falcon or eagle and Aramaic inscription YHD . Denomination is a Ma'ah. The Yehud coinage is a series of small silver coins bearing the Aramaic inscription Yehud. [2]
The coins were the size of a modern Israeli half-shekel and were issued by Tyre, in that form, between 126 BC and AD 56. Earlier Tyrian coins with the value of a tetradrachm, bearing various inscriptions and images, had been issued from the second half of the fifth century BC.