Following the establishment of the State in 1948, the government of Israel requested the Israel Numismatic Society to propose the designs for a new series of coins. One example from the series is smallest denomination known as the Pruta. Though issued in 1949, the coin was ceased to be recognized as legal tender February 22, 1980.
The obverse design was based on a coin of Alexander Jannaeus (76 - 103 B.C.E.) and features an ancient anchor. Above & below the design is the word “Israel” in both Hebrew and Arabic. .
The reverse design features the denomination "1 Pruta" and the date in Hebrew inside two stylized olive branches around the rim.
General Market Notes
With more than 5 million coins produced supply is more than enough to make this an affordable coin. Though the proof coin with a mintage of only 20,000 is entirely different and can command some high prices