5 New Sheqalim Roe and Lily of the Valleys

Part of Israel's ongoing Nature Reserves commemorative series, this issue was produced under the authority of the Bank of Israel during a period when the country was aggressively expanding its bullion and commemorative program to serve collector markets in North America and Europe. The roe deer — biblically paired with the lily of the valleys in the Song of Solomon — made it a natural subject for an issuer navigating both secular numismatic appeal and deep cultural resonance without needing to choose between them.

Mintages for this series were tightly controlled and issued primarily through foreign distributors.