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Key Fact
Description
This stamp features a black and white illustration of a coin with the value '0.07' prominently displayed. The text 'ISRAEL' appears below the coin, with Hebrew text above and below. It is a single stamp with serrated edges, indicating it was part of a larger sheet. The stamp is in excellent condition, with no visible signs of wear or damage.
History
Issued in 1950 by the Israel Postal Authority, this stamp is part of a series commemorating currency. The design, by Ze'ev Raban, reflects the early days of the State of Israel and its efforts to establish its own financial identity. The denomination of 0.07 likely refers to a fraction of the then-circulating currency, emphasizing the stamp's connection to monetary history.
Facts
The stamp commemorates the first day of issue of a new series of stamps related to Israeli currency. It features a stylized representation of a coin, highlighting the importance of monetary symbols in national identity. The stamp also includes Hebrew text identifying it as a 'silver coin' and its origin from Tel Aviv.
Value Fact
This stamp, identified as Catalog Reference 25 from 1950, is a desirable item for collectors of Israeli philately. Its condition, grade of Extremely Fine, and its significance as an early currency-themed issue contribute to its value. Market prices can range from $15 to $30 depending on the specific market and auction.

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