Sheqel

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The old shekel is no longer in circulation, has been demonetized, and is not exchangeable to current legal tender by the Bank of Israel. These preserved the appearance of the similar coins under the pound but were worth 10 times as much. The initial runs were struck at foreign mints in order to preserve the secrecy of the coming currency conversion. The initial series of banknotes in were for the denominations of IS 1, 5, 10, and 50 and preserved the appearance of the 10, 50, and pound notes which they replaced.

From Wikipedia, the free encyclopedia. Currency of Israel between and This infobox shows the latest status before this currency was rendered obsolete. Retrieved Krause, Chester L. Standard Catalog of World Coins : — 18th ed. Krause Publications. ISBN Pick, Albert Colin R.

Bruce II and Neil Shafer editors 7th ed. Historical currencies of Israel. Portals : Asia. Hidden categories: Articles with short description Short description is different from Wikidata Articles containing Hebrew-language text Articles containing Arabic-language text Commons category link is on Wikidata. Namespaces Article Talk. Views Read Edit View history. Help Learn to edit Community portal Recent changes Upload file.

Download as PDF Printable version. Wikimedia Commons. IS banknote obverse and reverse issued in Israel Palm tree, "Israel" in Hebrew and Arabic. February 24, April 9, The state emblem , "Israel" in Hebrew , Arabic and English. Three pomegranates, the state emblem , "Israel" in Hebrew , Arabic and English.

Lion, the state emblem , "Israel" in Hebrew , Arabic and English. Value, date, the state emblem, "Israel" in Hebrew , Arabic and English. January 22, Two cornucopia , the state emblem , "Israel" in Hebrew , Arabic and English. October 9, Ancient galley , the state emblem , "Israel" in Hebrew , Arabic and English.

February 25, Replica of a coin, the state emblem , "Israel" in Hebrew , Arabic and English. August 3, The earliest shekels were a unit of weight, used as other units such as grams and troy ounces for trading before the advent of coins. The shekel was common among western Semitic peoples. Moabites , Edomites , and Phoenicians used the shekel, although proper coinage developed very late. Carthaginian coinage was based on the shekel and may have preceded its home town of Tyre in issuing proper coins.

Coins were used and may have been invented by the early Anatolian traders who stamped their marks to avoid weighing each time used. Herodotus states that the first coinage was issued by Croesus , King of Lydia , spreading to the golden Daric worth 20 sigloi or shekel , [5] issued by the Persian Empire and the silver Athenian obol and drachma. Early coins were money stamped with an official seal to certify their weight. Silver ingots, some with markings were issued.

Later authorities decided who designed coins. As with many ancient units, the shekel had a variety of values depending on the era, government and region; weights between 7 [7] and 17 grams and values of 11, [8] 14, and 17 grams are common. A two-shekel weight recently recovered near the temple area in Jerusalem and dated to the period of the First Temple weighs 23 grams, [9] giving a weight of When used to pay labourers, recorded wages in the ancient world range widely.

The Code of Hammurabi circa BC sets the value of unskilled labour at approximately ten shekels per year of work, confirmed in Israelite law by comparing Deut with Exod Exodus notes that the measures of the ingredients for the holy anointing oil were to be calculated using the Shekel of the Sanctuary see also Exodus —26 , and similarly at Numbers for payment for the redemption of first-born males [12] and at Numbers —88 for the offerings of the leaders of the tribes of Israel , suggesting that there were other common measures of a shekel in use, or at least that the Temple authorities defined a standard for the shekel to be used for Temple purposes.

According to Jewish law, whenever a census of the Jewish people was to be conducted, every person that was counted was required to pay the half-Shekel for his atonement Exodus — The Aramaic tekel , similar to the Hebrew shekel , used in the writing on the wall during the feast of Belshazzar according to the Book of Daniel and defined as weighed, shares a common root with the word shekel and may even additionally attest to its original usage as a weight.

During the Second Temple period, it was customary among Jews to annually offer the half-Shekel into the Temple treasury, for the upkeep and maintenance of the Temple precincts, as also used in purchasing public animal offerings. This practice not only applied to Jews living in the Land of Israel , but also to Jews living outside the Land of Israel. The same coin possesses a silver content of 6. The Carthaginian or Punic shekel was typically around 7. Throughout, it was more common for Carthage's holdings in North Africa to employ bronze or no coinage except when paying mercenary armies and for most of the specie to circulate in Spain , Sardinia , and Sicily.

The Tyrian shekel began to be issued c. The money changers assaulted by Jesus in the New Testament are those who exchanged worshippers' baser common currency for such shekels and they have been suggested as a possible coin used as the " 30 pieces of silver " in the New Testament. The Israeli shekel properly sheqel replaced the Israeli lira or pound in It was subdivided into new agoras or agorot.

It suffered from hyperinflation and was quickly replaced. The new shekel replaced it in It is subdivided into agoras or agorot. Both Israeli shekels are purely units of currency and not weight. With the series of notes, the Bank of Israel abandoned the transcriptions Sheqel and Sheqalim in favor of the standard English forms Shekel and Shekels. From Wikipedia, the free encyclopedia. Ancient unit of currency. This article is about the ancient currency.

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