Israel early statehood coins back from NGC

1948 MS-63 Grade (AWESOME EXTREMELY RARE IN MS) is a personal MILESTONE. The 1949 25 Mils MS-62 (GREAT) and the MS-66RB is very hard to find as well.

Stack's Images:



ALSO, SEE ARTICLE BELOW REGARDING THE 1948 25 Mils minting circumstance and history. Pictures will post once I receive coins.

002 1948 ISRAEL 25M MS 63


003 1949 ISRAEL CLOSED LINK 25M MS 62


004 1949 ISRAEL WITHOUT PEARL 5P MS 65 RB


005 1949 ISRAEL WITH PEARL 10P MS 66 RD


006 1952 ISRAEL 10P MS 65


007 1957 ISRAEL ALUMINUM 10P MS 65


012 1957 ISRAEL ALUMINUM 10P MS 64


008 1954 ISRAEL 25P MS 64


009 1949 ISRAEL WITHOUT PEARL 50P MS 65


010 1954 ISRAEL BERNE MINT 100P MS 65


011 1949 ISRAEL WITHOUT PEARL 250P MS 65


And another recent purchase: 500 Prutah PCGS MS-64


See article below-

http://www.theshekel.org/article_Israels_1st_coin.html

ISRAELS FIRST COIN
BY DAVID T. ALEXANDER
It would be easy to draw up a list of great world rarities - coins that would strain a king's treasury to buy. Fascination can come, however, not only from great rarity and dazzling price records but also from the story a coin can tell and from the historical context in which it was written. Coins have been eyewitnesses to the stirring and often violent events of the just past century. Coins testify to the birth or death of nations, recall vanished rulers and regimes, and bring revolutions and conquests into your hands.

At the opening of the 20th century, the name Israel was found only in the Bible or as a collective word for the Jewish people in exile. After the founding of Zionism by Budapest-born journalist Theodor Herzl, vast effort was expended in establishing what Britain's Balfour Declaration called a "National Home for the Jewish People" in what had been the neglected backwater of the Ottoman Empire, Palestine.

Despite growing Arab and British opposition, Jewish immigration accelerated in response to Hitler's wartime genocide in Europe. Unable to resolve the Arab-Jewish conflict, the British withdrew in May 1948, after the United Nations voted to partition Palestine into Jewish and Arab states. The Zionist leadership proclaimed the State of Israel on May 15, 1948. Already under attack by Arab irregulars, the new nation repelled several Arab regular armies, emerging with greatly increased territory after three waves of struggle.

To the new Jewish State, coinage had an unusually poignant significance. A start was made toward a new Jewish coinage during the 1948 fighting in the Mechsav cutlery factory in Tel Aviv's industrial suburb of Holon. The fall story of this coinage emerged only after the present writer's on-the-spot research during the 1979 American Israel Numismatic Association study tour to Israel.

Yosef Gannoy of Mechsav modified a Bridgeport-built cutlery stamping press to hold coinage dies cut by Saloh Kluegermann, brother of the firm's owner. Moshe Neudorfer of the new Israel Treasury brought the reverse (value-side) die to the factory every working day and a slow, laborious striking commenced.

The 25 mils was a 30mm coin of 97 percent aluminum, 3 percent magnesium, bearing a plain edge. The obverse depicted a bunch of grapes taken from a bronze prutah of Herod Archelaus (circa 4 B.C.). The stylized reverse wreath was adapted from coins of John Hyrkanos (135-104 B.C.) and was used in the later prutah series.

The exact number of coins bearing the Hebrew date 5708 (1948) is unknown, but certainly small. Little attention was paid to such details in the midst of war. A substantially greater number was struck dated 5709 (1949). The coins' overall quality disappointed the Treasury, and they were released only because of the serious coin shortage following the British withdrawal and the following war.

The 5708-dated 25 mils (KM 8) is virtually unknown in choice uncirculated. What might be called "basic uncirculated" examples with typical marks and planchet defects catalog at $850 and sold for much more when the Israel market was booming.

 

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Truly a Joy! I'm adding it to the Coin Museum

 

Shame that not too many people collect these. If anyone wants to get started, I have a bunch of certified duplicates for sale.

 

what is a certified duplicate?

 

NGC slabbed duplicates I have from the early years 1948-1957.

 

Why do the duplicates have slab value?

 

how many coins were minted in 1948?

 

I always thought these coins were beautiful, I especially like the grapes.
I found this one in the 25cent bin at my coin shop..... what a shame that someone put a hole through such a nice coin, in such great condition.

Zohar, those are some beautiful coins... quite a nice set.

 

What I think is particularly interesting about the Israeli coins is that the designs are not in any way militaristic. Instead of Eagles in aggressive poses, and Horses in gallop, portraits of heads of state, etc, Israeli coins have Harps, Grapes, Architecture, Biblical scenes, Nobelaureates, Boats, Ruins and such. It is a completely different world view and largely unique.

 

Good point, never thought about that. I guess all coins designs are repeating ancient coins versions and back then it was not a common thing to show anything aggressive or weapons. By the way, there is 1 coin with a pretty angry lion on it

Pic #3 is definitely not a coin by the way.

 

An angry Lion? I never saw that one. There is the one with the Lamb and the Lion.

I think that it is




This is the Obverse.

 

BTW - that AINA looks like a very interesting organization and I'll probably join after the Hag.

Ruben

 

My bad then, never seen that one, the design is very unusual.

Here is the 1/2 shekel i meant:

http://typesets.wdfiles.com/local--files/israel:half-sheqel-1980-1984/hSehqelOBV.JPG

 

Hah - I've seen that Motif as well! I guess that is an angry Lion, but somehow it still doesn't seem to that the aggressive and militaristic feel that 99% of the nations put out. It is certainly the Lion of Judah.

 

Mr. Brooklyn,

What I meant by duplicates is that I sent a bunch of similar grade coins to NGC to be graded (slabbed). I have others that I am looking to trade/sell.

 

I am not sure what are the prices for slabbed coins you got, but i am interested in 25 mil and 5,100,250,500 pruta. Will be glad to purchase if the price is reasonable or trade, if i got anything you need.

 

42,650 very few survived in mint state. poor strike and aluminium surface make these hard to find.

 

Now... back to coins ... Please

 

Indeed....