10 New Sheqalim Promised Land

The "Promised Land" series was issued by the Bank of Israel as part of a long-running commemorative gold program tied to Jewish holidays and biblical themes, with individual coins often released in conjunction with specific state anniversaries. The 1989 issue coincided with Israel's 41st year of independence — not a round number, which occasionally prompts collectors to underestimate demand relative to actual mintage constraints.

KM#201 is struck in 22-karat gold to a proof standard, with mintages tightly controlled through the Bank of Israel's direct sales program rather than general circulation.