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10 New Sheqalim Hi-Tech in Israel
| Issuer | Bank of Israel |
|---|---|
| Year | 1999 |
| Type | Non-circulating coin |
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| Obverse lettering | 10 שקלים חדשים · 10 NEW SHEQALIM · ישראל · ISRAEL · إسرائيل · יום העצמאות תשנ"ט · INDEPENDENCE DAY 1999 |
| Reverse description | The reverse features a stylized bouquet of flowers constructed entirely from high-technology components, rendered in a decorative and symbolic composition. The blossoms are formed from binary digits '0' and '1', representing digital computing; the stems and leaves are depicted as electronic microchips; and the decorative bow tying the bouquet is rendered as a printed circuit board. The legend 'HIGH-TECH IN ISRAEL' appears in both Hebrew and English to the left of the design, celebrating Israel's prominence in the global technology sector. |
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Issued as part of Israel's long-running commemorative gold program, this piece marks the country's emergence as a significant force in global technology — a development driven in no small part by the mass immigration of Soviet engineers and scientists following the USSR's collapse in 1991. That influx of technically trained workers reshaped Israeli industry with unusual speed.
The 1999 date places it squarely within the peak of the first dot-com boom, when Israeli startups were being acquired by American firms at a rate that drew comparisons to Silicon Valley.