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5 Sheqalim

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.

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