Bank of Israel marks Jerusalem Day with coin release

By NADAV SHEMER
May 21, 2012 06:14

The Bank of Israel released the third bullion coin in its Jerusalem of Gold series on Sunday to mark Jerusalem Day.




Knesset Menorah

Knesset Menorah. (photo credit:Courtesy Bank of Israel)

The Bank of Israel released the third bullion coin in its Jerusalem of Gold series on Sunday to mark Jerusalem Day. The coin is engraved on one side with the Knesset Menorah and on the other side with a roaring lion, which was discovered on an eighth-century Israelite seal found at Megiddo in 1908.

In March, the Israel Coins and Medals Corporation announced the two other central-bank-issued bullion coins, Tower of David and Western Wall, had doubled their value in the international coin-collector market since their respective releases in 2010 and 2011.

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Like its two predecessors, the Knesset Menorah has a nominal value of NIS 20 and constitutes legal tender in Israel. It is made of .9999 gold, has a diameter of 32 millimeters and weighs 31.1 grams (about one ounce). A maximum of 3,600 coins of this type will be issued.


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