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1 Agora Israel's 40th Anniversary
| Issuer | Bank of Israel |
|---|---|
| Year | 1988 |
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| Technique | Milled |
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| Obverse description | Central field features an ancient Phoenician-style rowing galley depicted in left profile, rendered in low relief with detailed oar banks and a stylized lotus-flower prow ornament. The State of Israel emblem — a menorah flanked by olive branches — appears in the upper field above the vessel. The trilingual country name legend encircles the design along the rim, reading 'ISRAEL' in Latin script to the left, 'ישראל' in Hebrew to the right, and 'اسرائيل' in Arabic at the base. |
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| Reverse description | The numeral '1' is displayed prominently in the center of the field, set within a stylized rectangular tablet motif with vertical line detailing, evoking an ancient stone inscription. The Hebrew word 'אגורה' (Agora) appears to the lower left, with 'AGORA' in Latin script to the lower right. The commemorative legend 'מ' שנים לישראל' (Israel's 40th Anniversary) runs along the upper rim, while the Hebrew date 'התשמ'ח' (5748) is inscribed in the lower exergue. |
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| Additional information |
Israel's 40th anniversary in 1988 fell during a period of acute economic stress — the country had only recently emerged from a hyperinflationary crisis that peaked in 1984 and 1985, when annual inflation exceeded 400%. The Bank of Israel's stabilization program, implemented in 1985, had effectively reset the currency, with the new shekel replacing the old at a rate of 1,000 to 1 just three years before this coin was struck.