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1 New Sheqel Moses Maimonides

Issuer Bank of Israel
Year 1986
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Value 1 New Sheqel (1 ILS)
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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.

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