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1 New Sheqel Art In Israel

Issuer Bank of Israel
Year 1986
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Value 1 New Sheqel
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Obverse script Arabic, Hebrew, Latin
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Reverse description The entire field is occupied by a bold, modernist abstract composition in high relief, evoking stylized Hebrew letterforms or calligraphic elements fragmented and reassembled into interlocking geometric planes. The design is divided by diagonal lines into contrasting polished and matte segments, creating a striking interplay of light and shadow. Sweeping curved forms reminiscent of script characters are overlaid on a grid of sharp angular facets, reflecting the theme of art in Israel. No inscriptions or legends appear on the reverse; the artistic design fills the field edge to edge.
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Inaugurated as part of Israel's "Art in Israel" commemorative series, this 1986 issue honored the legacy of Israeli visual arts at a moment when the country was still stabilizing its currency following the 1985 economic stabilization plan — one of the most aggressive anti-inflation programs of the twentieth century, which replaced the old sheqel with the new sheqel at a ratio of 1,000 to 1. The series itself ran across multiple years, each issue dedicated to a different artistic movement or period in Israeli cultural life.

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