Israel 1971 10 lirot KM-59

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Stack's Bowers February 2023 Collector's Choice sale, lot 73834
SB223-73834r.jpg

This specimen was lot 73834 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, February 2023), where it sold for $900. The catalog description[1] noted, "ISRAEL. 10 Lirot, 1971. Jerusalem Mint. NGC PROOF-66. Mintage: 80. Berne Dies. The KEY TYPE in the Israel silver commemorative series, this commemorative was produced from dies made by the Berne Mint and suppl[ied] to the Jerusalem Mint. Found to be unsatisfactory, the dies were destroyed after 80 coins were struck, leaving this as one of the lowest mintage emissions from the Israel series. Featuring a matte finish, this piece provides much commendable beauty in addition to the RARITY. A piece that is certain to capture much attention." Rapid inflation destroyed the value of the 1949 series and the coinage was reformed in 1960 to 100 agorot = one lira. This NCLT is one of a series struck 1967-74 in this module, which superseded the five lirot used heretofore. This specimen bears Hebrew date 5731 ("תשל"א"). A similar 100 lirot was struck in gold. Other ten lirot for 1971 included KM 57 (Pidyon Haben) and KM 58 (atomic energy).

Recorded mintage: 73,444 plus 20,132 proofs plus 80 of this variety.

Specification: 26 g, 0.935 fine silver, 37 mm diameter.

Catalog reference: KM 59.1 or KM-59.2.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, February 2023 World Collectors Choice Online Auction, featuring the David Sterling Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.

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