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50 Shekels King David
| Issuer | Israel |
|---|---|
| Year | 5722 (1962) |
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| Composition | Log in to see details |
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| Diameter | 22.5 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | 50 SHEKEL ישראל |
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| Mint | Log in to see details |
| Mintage | 5722 (1962) |
| Additional information |
Issued as part of Israel's first gold coin program, this 1962 piece was produced for export and gift markets rather than domestic circulation — Israeli law at the time prohibited private gold ownership within the country. The coins were sold primarily through foreign outlets and the state tourism apparatus, making them effectively a hard-currency revenue instrument for a young government with acute foreign exchange needs.
The X# reference places it outside the standard circulation series entirely. Struck at the Amsterdam Mint under contract.