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| Issuer | Bank of Israel |
|---|---|
| Year | 1986 |
| Type | Log in to see details |
| Value | 1 New Sheqel (1 ILS) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 1 התשמ"ז 1986 בנק ישראל שקל חדש אחד ה"רמבם - הרב משה בן מימון ד"תתצ"ח - ד"תתקס"ה (Translation: Bank of Israel One New Sheqel (Along Right Edge) Maimonides - Rabbi Moses the son of Maimon 4898-4965 (1138-1204)) |
| Reverse description | A stylised panoramic view of Tiberias, where Maimonides is interred, occupies the central field. To the left, an ancient seven-branched candelabrum (menorah) forms a secondary vignette. Inscriptions in Arabic and English identify the issuer as Bank of Israel and state the denomination 1 New Sheqel, with the place name Tiberias rendered in both Hebrew and Arabic. |
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| Comments |
The Canadian Bank Note Company's involvement here is worth noting — CBN had produced Israeli currency going back decades, and this note continued that relationship into the mid-1980s. Zvi Narkiss, who contributed to the engraving, was himself a significant figure in Israeli typography and graphic design, making his credit on a banknote something more than routine.
The New Sheqel series launched in 1986 following the 1985 economic stabilization plan, which slashed triple-digit inflation by introducing the new currency at a rate of 1,000 old sheqalim to one new sheqel. This 1 NIS note represents the lowest denomination in that post-crisis series.