New Israeli coin with bad error

Hold Your Horses...STOP!

Don't get confused:

The initial "Jacob and Rachel" gold coin (and two silver coins) was part of the "Biblical Art" series started several years ago. "Miriam and the Women", "Binding of Isaac", "Abraham - Stars Over the Holy Land", etc...
The "Jacob and Rachel" one gold and two silver coins of this series were indeed dated 2003/5763.
So far, so good.

In 2004 the IGCMC decided to let the Bank of Israel isue a miniature coin, part of a "Smallest Coin" series of several nations, to be marketed by a European wholesaler. Instead of deciding on a completely new design, they chose to issue a miniaturized version of the "Jacob and Rachel" coin.
This has now become the infamous "missing Arabic - A" coin.
The error coin is dated 2004/5764.
The correction which has just been released has exactly the same date: 2004/5764.

We are talking here about two entirely different coins:
1) A 2003/5763-dated 10 (Ten) NIS coin - large
2) A 2004/5764-dated 1 (One) NIS coin - miniature. This coin has 2 versions, but only in the Arabic text.

Gilad, what Kobi Liderman showed you, is the small 2004/5764-dated 1 NIS coin (either variety, that doesn't matter), and the "big" 2003/5763-dated 10 NIS large coin.
Right?

In that case it's "Case Closed".

 

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Error Coin Mintage Question?

Does the estimated total mintage of error coins include coins being used for mounting in jewelry by the Israel Government Coins and Medals Corporation? If so, this could be a rarer offering than first estimated. On the IGCMC website they list three pendants that include this specific coin.

Out of the estimated error coins sold, how many were mounted in Jewelry. Does the mounting ruin the integrity of the coins or are they mounted not to harm the coin if possible?

Mike

 

I heard that mounting in jewelry degrades the value.

And I do not know how many of the error coins were monted in jewelry, but
as for April 7th 2005, the error coins, out of jewelry, were still available.