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Following the establishment of the State, the government requested the Israel Numismatic Society to propose the coins designs. Leo Kadman and Hanan Pavel, together with the graphic artist Otte Wallish, submitted sketches, which were approved by the Minister of Finance, Eliezer Kaplan.
When introduced in 1949, the name chosen for Israel's trade coins was Pruta. The singular term "Pruta" (meaning "a coin of lower value"), and its plural form "Prutot", are extensively found in Mishnaic Hebrew texts dating from the second century AD onwards.
Date of issue: October 25, 1950.
Obverse
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Anchor resembling the image on a coin of Alexander Jannaeus. Name of country (Israel) in Hebrew and Arabic. ישראל |
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Reverse
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Wreath of stylized olive branches, denomination and date. 1 |
Edge |