Israel Specimen/Pattern Coins

1948. Israel. Trial strike of KM-8. Israel's first Coin, struck in aluminum. KM-8. 30mm, 3.3gr. Mintage: 42,650. Obv: The denomination "25 Mil" in Hebrew and Arabic; date in Hebrew below; two stylized olive branches around, based off of coins struck during the Bar-Kochba Revolt (132-135 CE). Rev: Uniface.. There is debate as to weather a few dozen to about 100 struck. PCGS AU-58.
 
The uniface strikes were reportedly struck while testing the dies one at a time. It has also been stated that these are actual errors, when the obverse die had been removed for security purposes and not replaced when the striking was resumed. They have been known to be counterfeited. On the original strike there are small raised dots on the blank side in repetitive alignments. On the counterfeit coins these do not appear as they have been buffed on the obverse.. According to estimates, there are 30-40 units Of the coin known to exist. PCGS, AU-58.. Very rare.

When the British Mandate of Palestine ended and the State of Israel was established in 1948, the coins and paper currency of the Mandate ceased to be legal tender.  The newly-founded state had to come up with coins and banknotes for circulation in short order. The initial attempts for domestic coin production have not met with success: the quality of the coins was poor and production was very slow. It was determined that Israel lacked the machinery and know-how for a successful large scale coin production at that time. Therefore, production of coins was outsourced to suppliers in the U.K.

A great reference summarizing the history and mystique around these specimen issues can be found here: http://israelerrorcoins.wixsite.com/coins/israel-specimen-coins

1949. 1 Pruta Specimen. KM-9. Aluminum. 21mm, 1.3gr. Smooth edge. PCGS SP-62.

1949. 25 Pruta Specimen. KM-12. Cupro-nickel (copper 75%, nickel 25%). 19.5mm, 2.82 gr. Reeded edge. PCGS SP-66.

1949. 25 Pruta Specimen. KM-12. Bronze Plated. 19.5mm, 2.68 gr. Reeded edge. PCGS SP-65RD.

1949. 25 Pruta Specimen. KM-12. Aluminum. 19.5mm, 1.63 gr. Reeded edge. PCGS SP-64.

1954. Israel 100 Pruta. Utrecht Trial Strike. Pattern Commemorative Coin-Medal. The coin-medals were proposed for propaganda and presentation pieces. Cupro-Nickel.  NGC SP-66.
 
In 1954, the Bank of Israel had commissioned several medals from the Utrecht mint in the Netherlands, in a style resembling the 100 Pruta, 50 Pruta and 25 Pruta coins, and with the inscription of “The Renewal of Israel’s Mint”.  The original plan was to start a series of commemorative coins or medals for collectors.  The designs were eventually scrapped and the commemorative coins program did not start until some years later, with different designs.  However, the story did not end there.  Several medals were found with the reverse of the “Renewal of Israel’s Mint” reverse, and the obverse of the 25 Pruta circulation coin!  These “mule” medals can also be seen as sort of a specimen 25 Pruta coin.

1954. KM-19, Utrecht Mint. 25.6mm. Mintage: 20,000. Obv: In center, seven-branched palmtree with two clusters of dates; "Israel" in Hebrew above, and Arabic below. Rev: Smaller Wreath of stylized olive branches, further from the edge; in center, "100 Prutah" in Hebrew. No Pearl Variety since the master dies did not contain the design. Different Date (1954). Berries on the wreath are smaller, and closer in, almost touching wreath at the top. Zeros in "100" are narrower and taller. Only 1,000 estimated to survive as the coin was withdrawn from circulation shortly after issue when it was found similar to 50 Prutah coins. Difference between Utrecht and Berne dies was only found in 1960, three years after coins release in 1957. NGC MS-63.

1954. KM-19.1, Utrecht Mint. 25.6mm. Mintage: 20,000. Obv: In center, seven-branched palmtree with two clusters of dates; "Israel" in Hebrew above, and Arabic below. Rev: Smaller Wreath of stylized olive branches, further from the edge; in center, "100 Prutah" in Hebrew. No Pearl Variety since the master dies did not contain the design. Different Date (1954). Berries on the wreath are smaller, and closer in, almost touching wreath at the top. Zeros in "100" are narrower and taller. 

 

Very scarce non-magnetic variety with only a handful known. PCGS MS-64.

Taler Universe

Print Print | Sitemap Recommend this page Recommend this page
Copyright © 2012-2019 Taler Universe. All rights reserved.