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Israel to Issue First Gold Coin, $20-piece, Bearing Herzl Head

July 5, 1960
See Original Daily Bulletin From This Date
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The Bank of Israel will issue the first gold coin to be legal tender in Israel. It will have a nominal value of 20 Israeli pounds, will contain the same amount of gold as the British sovereign, and will sell for $20.

One side of the coin will show the head of the late Theodor Herzl, father of political Zionism. A menorah will appear on the reverse.

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