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Israel 1975 Silver Proof 27th Independence Day Coin

Currency:USD Category:Coins & Paper Money Start Price:40.00 USD Estimated At:112.50 - 225.00 USD
Israel 1975 Silver Proof 27th Independence Day Coin
Israel 1975 Silver Proof 27th Independence Day Coin. Come in original government issue case and COA. n September 1952, the Prime Minister of Israel, the late David Ben-Gurion convened a conference in Jerusalem of sixty American Jewish leaders to discuss plans for issuing Israel Bonds. The plan called for the raising of large sums of capital for the rapid development of an economic infrastructure for the young State. Nearly a year later at a conference of major American Jewish organizations and communities, the first issue of the State of Israel Bonds was launched. The proceeds from the sale of Israel Bonds, with 85 per cent coming from the United States, were used by the Government of Israel, as part of its development budget to expand roads, rail, sea and air transport facilities, develop water supply and electric power, exploit natural resources and for many other projects.