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Award Medal - Bank Leumi Le - Israel

Features

Location Israel
Issuing entity Israel Government Coins and medals Corp.
Period State of Israel (1948-date)
Type Commemorative medals › Company, institution and association medals
Year 1977
Composition Silver (.935)
Weight 37 g
Diameter 26 mm
Shape Round
Technique Milled
Orientation Medal alignment ↑↑
Number
N#
551999
References ICMC# 25913375
Israel Coins and Medals Corporation (https://israelmint.com)

Commemorative issue

Bank Leumi Le - Israel

Obverse

The 75th Anniversary emblem, the dates being: 5662-5732, 1902-1972. An inscription: "Bank Leumi Le-Israel B.M." in Hebrew and English.

Scripts: Hebrew, Latin

Lettering:
נאמן ביתך
וממלכתך
שמואל ב' ז' 16
THY FAITHFUL
HOUSE AND
COUNTRY
MIL 10 מילים

Engraver: Moshe Novak

Designer: Yaacov Enyedi (יעקב אנידי)

Reverse

The verse: "Thy faithful house and country" (taken from Samuel II, 7:16) in Hebrew and English. On the left, an old 10 mil coin symbolizing the history of the bank, entwined with a computer reel and magnetic ribbon, the symbols of the future.

Scripts: Arabic, Hebrew, Latin

Lettering:
תרס"ב-תשל"ז 1902-1977
בנק
לאומי
לישראל בע"מ
BANK LEUMI
LE-ISRAEL B.M.
بنك احمد
ليسرائيل بسم

Engraver: Moshe Novak

Designer: Yaacov Enyedi (יעקב אנידי)

Edge

The word "Israel" in Hebrew and English. The silver medals bear "Silver 935" in Hebrew and "Silver" in English.

Scripts: Hebrew, Latin

Lettering: ISRAEL ישראל STERLING 935 כסף

Mint

Government Printer - Israel Mint, Tel Aviv, Israel

Comments

Bank Leumi, which in 1977 had 350 branches in Israel and abroad, is a successor to the Zionist "Anglo- Palestine Company" founded in 1902 which was known as APEC. The main function of APEC was to provide financial aid for the development of Palestine. When the State of Israel was established the bank served as a financial arm to the newly formed state. The provisional government signed an agreement with the bank entrusting it with the issuance of the national currency. The bank acted as the official banking agency for the government until the Bank of Israel was established in 1954.

See also

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Date Mintage VG F VF XF AU UNC
1977  3 498

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Numista Rarity index: 97 Search tips
This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.
Bullion value: USD 81.45 Search tips
This value is given for information purpose only. It is based on a price of silver at 2354 USD/kg. Numista does not buy or sell coins or metal.
Actual silver weight: 1.112 oz
Current silver price: 73.23 USD/oz (see silver price )

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