The “Israel 10 coin value” is a topic that often generates interest, particularly for those encountering this small denomination for the first time. While its face value is minimal, its collectible worth can vary significantly, ranging from negligible amounts to substantial sums depending on various factors. This article explores the nuances of the Israel 10 Agorot coin’s value, distinguishing between its intrinsic monetary worth and its often more significant numismatic appeal.
Understanding the Israel 10 Agorot Coin
The 10 Agorot coin is a fundamental part of Israel’s currency system. It represents one-tenth of an Israeli New Shekel (ILS). Its design typically features a menorah, a seven-branched candelabrum, symbolizing the ancient Temple in Jerusalem, alongside the denomination and the word “Israel” in Hebrew, Arabic, and English. The specific design elements and minting years can influence its collectible value.
Face Value of the Israel 10 Agorot Coin
The most straightforward aspect of the “israel 10 coin value” is its face value. This is the official worth assigned to the coin by the issuing authority, the Bank of Israel.
Exchange Rate Conversion
To understand the practical face value, it’s necessary to convert it to a more widely recognized currency, such as the US dollar.
- 10 Agorot is equivalent to 0.1 Israeli New Shekels (ILS).
- As of August 22, 2025, 0.1 ILS is approximately 0.029 US dollars.
This conversion illustrates that the direct spending power of a single 10 Agorot coin is very low, less than three US cents. Therefore, acquiring this coin for its face value alone is generally not practical outside of small transactions within Israel.
Numismatic Value: The Collectible “Israel 10 Coin Value”
The true intrigue of the “israel 10 coin value” lies in its numismatic potential. This refers to its worth as a collector’s item, which can far exceed its face value. Several attributes contribute to a coin’s numismatic value.
Condition of the Coin
The physical condition, or “grade,” of a coin is a primary determinant of its collectible value. Coins are graded on a scale that assesses their wear, luster, and overall preservation.
Circulated 10 Agorot Coins
- Availability: Many 10 Agorot coins from circulation, especially those minted between 1984 and 2017, are readily available.
- Pricing: These circulated coins are often sold online for around $9.95 to $10.91 for a single coin.
- Characteristics: Such coins are typically “randomly picked” and exhibit various degrees of wear, including scratches, dirt, or oxidation. Their grades range from “Good” to “Very Fine.” The price reflects the effort of sourcing, packaging, and shipping rather than the intrinsic rarity or condition of the individual coin.
Uncirculated 10 Agorot Coins
- Definition: Uncirculated coins, also known as “mint state” (MS) coins, have never been used in commerce and retain their original luster and detail.
- Higher Value: These coins command significantly higher prices. For example, a 1961 Israel 10 Agorot coin graded MS67 (on a scale up to 70) has been listed for $79.95. The “Israel 10 coin value” for uncirculated specimens is a direct reflection of their pristine condition and relative scarcity compared to circulated examples.
Rarity and Mintage Figures
The number of coins produced in a given year (mintage) directly impacts its rarity and, consequently, its “israel 10 coin value” for collectors. Lower mintage figures generally lead to higher values.
- Specific Years: Coins from certain years might be more sought after due to lower production numbers or historical significance.
- Example: A 1997 Israel Piefort Issue 10 Agorot coin, known for its low mintage (meaning fewer were produced), is listed for $9. Piefort coins are typically thicker than standard coins and are often produced in limited quantities for collectors.
Error Coins
Mistakes made during the minting process can create unique and highly valuable “error coins.” These anomalies significantly increase the “israel 10 coin value” for collectors who specialize in such rarities.
- Types of Errors: Errors can include off-center strikes, double strikes, missing elements, or planchet errors (issues with the blank coin material).
- Example: An Israel 10 Sheqalim 1995 error coin (distinct from the 10 Agorot but illustrative of error coin value) with a “double thickness” error is being sold for $900. While this is a different denomination, it highlights the potential for substantial value in error coins within Israeli numismatics. A 10 Agorot coin with a verifiable and significant error would likely also fetch a premium.
Historical Significance and Special Issues
Coins can gain value due to their historical context or if they are part of a special commemorative series.
- Commemorative Issues: Israel, like many nations, issues special coins to commemorate events, anniversaries, or important figures. While the 10 Agorot is a circulating denomination, specific years or variations might have commemorative significance that increases their appeal.
- Proof Sets: Coins released as part of proof sets (coins struck with special dies on polished blanks to achieve a high-quality finish) are typically more valuable than their circulating counterparts. If a 10 Agorot coin was included in such a set, its “israel 10 coin value” would be higher.
Factors Influencing the Market for “Israel 10 Coin Value”
Beyond the inherent attributes of the coin, external market dynamics also play a role in determining its collectible worth.
Collector Demand
The popularity of Israeli numismatics and the specific demand for certain types of 10 Agorot coins influence their market price. A growing interest in Israeli history or coin collecting can drive up prices.
Dealer Markups and Premiums
When purchasing coins from dealers, the price will include a markup to cover their operational costs, expertise, and profit. This is why even a common circulated 10 Agorot coin might be sold for several dollars online.
Authenticity and Certification
For higher-value coins, authenticity is critical. Professional coin grading services (like PCGS or NGC) can authenticate and grade coins, providing assurance to buyers and often increasing the coin’s market value. A certified MS67 10 Agorot coin, for example, carries the weight of expert verification.
Where to Find “Israel 10 Coin Value” Information and Coins
Collectors and those interested in the “israel 10 coin value” can consult several resources:
- Online Marketplaces: Websites like eBay are common platforms for buying and selling coins, offering a wide range of 10 Agorot coins in various conditions.
- Specialized Coin Dealers: Reputable coin dealers, both online and brick-and-mortar, often have a selection of Israeli coins and can provide expert advice.
- Numismatic Catalogs and Price Guides: Publications like the Standard Catalog of World Coins (Krause Publications) provide extensive information on mintage figures, varieties, and estimated values for coins worldwide, including Israeli currency.
- Coin Shows and Auctions: These events offer opportunities to view and purchase coins, sometimes including rare or high-grade examples of the 10 Agorot.
Conclusion
The “israel 10 coin value” presents a clear distinction between its minimal face value and its potentially significant collectible worth. While 10 Agorot represents less than three US cents in direct exchange, its value to numismatists can range from a few dollars for common circulated examples to hundreds or even thousands for rare, uncirculated, or error specimens. Factors such as the coin’s condition, rarity (influenced by mintage figures), the presence of minting errors, and its historical context are key determinants of its appeal and price in the collector’s market. For anyone holding a 10 Agorot coin, a closer inspection beyond its small size can reveal a hidden numismatic treasure.
What is the 10 coin in Israel?
10 Agorot coin is one of New Israeli Sheqel (NIS) coin series, also known as simply the Israeli shekel (sign: ₪, code: ILS).
What is the 1967 Israel coin?
Thanks for asking. The Victory Coin was issued to mark the victory of the Israel Defence Forces in the Six Day War, June 5-11, 1967. Size: 4.6cm diameter.