After the government decided to change the division of the Israel pound (or Lira) from 1,000 prutot to 100 agorot, the new coins were put into circulation starting January 1, 1960. The name "agora" was taken from 1 Sam. 2:36.
The coin was ceased to be recognized as legal tender March 31, 1984.
The obverse was designed by Rothschild and Lippman. The obverse design was based on the relief of the Arch of Titus and features the emblem of the State of Israel as well as the word “Israel” in both Hebrew and Arabic.
The reverse was designed by Shamir Brothers. The reverse design features the denomination "1/2 Pound" and the date in Hebrew.
Type 1 - Coins were made of a Copper - Nickel (1963-1979 issues)
Type 2 - One year type coin to celebrate the 25th Anniversary of the Bank of Israel (1980 issue)