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Israel Palestine 25 Mils 1948 First Coin XF - Rare

Description:

The Anglo-Palestine Bank Ltd., which prepared the first banknotes even before the State was declared, did not prepare coins. The first steps toward issuing coins were taken by the State itself after its establishment. It was done very quickly, after realizing that there was a shortage of British Mandate coins, which were then in circulation.

Israel's government requested proposals for the design of a new coin series from the Israel Numismatics Society. Until those were ready, a coin with a value of 25 mil was issued. The term "mil" was carried over from the British Mandate. The first coin in the new series, a 50 pruta coin, was only entered into circulation on May 11, 1949.

The minting year 5708 (1948) appears only on 25 mil coins which were minted in Jerusalem; those printed in Holon bear the minting year 5709.

Diameter:

30 mm.

Weight:

3.1-3.8 gr.

Edge:

Smooth.

Obverse:

Cluster of grapes; "Israel" in Hebrew and Arabic.

Origin of motif:

Bar-Kochba coin (132 - 135 C.E.).

Reverse:

The denomination "25 Mils" in Hebrew and Arabic; the date in Hebrew; two stylized olive branches.

Alloy:

Aluminium 97%, magnesium 3%.

Date of issue:

April 6, 1949.

Ceased to be legal tender:

September 6, 1950.

Mintage: 42,650 coins only

The coin on the images is the coin you will get.

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