Catalog
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| Issuer | Bank of Israel |
|---|---|
| Year | 1982-1985 |
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| Shape | Round |
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|---|---|
| Obverse script | Arabic, Hebrew, Latin |
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| Mint | Casa de Moneda de Chile, Santiago, Chile (1743-date) Jerusalem, Israel Kretschmer Mint, Jerusalem, Israel Monnaie de Paris, Paris (and Pessac starting 1973), France (864-date) |
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| Additional information |
Israel's monetary system was in crisis during these years. Inflation reached 445% in 1984 and was accelerating toward the hyperinflationary peak of 1985, when the government launched the Economic Stabilization Plan that effectively ended the sheqel and introduced the new sheqel at a rate of 1,000 to 1. This coin was rendered obsolete not by wear but by monetary collapse, which is why survivors are typically found in respectable condition — purchasing power evaporated before the metal could.