Israel Specimen/Pattern Coins

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

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.

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. 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 Only 1,000 estimated to survive as the coin was withdrawn from circulation shortly after issue when it was found similar to 50 Prutah coins.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.

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