Israel - 500 Lirot 1975 - Independence and Development Bond - Gold .900, 20g (18g pure gold, 0.58oz), 30mm

Israel - 500 Lirot 1975 - Independence and Development Bond - Gold .900, 20g (18g pure gold, 0.58oz), 30mm Only 10% Commission + VAT on this item. Independence Day Coin, 1975 In September 1950, Prime Minister David Ben-Gurion gathered sixty leaders of American Jewry in Jerusalem to discuss the distribution of Israel Bonds, intended to raise capital for the accelerated development of the young state's economic infrastructure. Less than a year later, a special conference of major Jewish organizations in the United States launched the first Israel Bond campaign. Funds raised over the following 25 years were invested in new cities, roads, ports, water and electricity infrastructure, and numerous national development projects. Obverse: The denomination "500 Lirot" appears in the center. Below is the State emblem. Around the rim appears the word "Israel" in Hebrew, Arabic and Latin letters, together with the date "1975". Reverse: A stylized Star of David expanding into geometric forms. Around the rim appears the inscription "25 Years State of Israel Bonds" in Hebrew and English. Weight: 20g