1974 ISRAEL Jewish Firstborn Son PIDYON HABEN Silver 10 Lirot Coin NGC i87974

Description

Item:
i87974
Authentic Coin of:
Israel
-
Pidyon Haben
1974 Silver 10 Lirot
37mm
(
26.00
grams) 0.900 Silver (0.7523 oz. ASW)
Reference: KM# 76.1
Certification:
NGC
MS 66 2852489-020
Value above menorah flanked by sprigs.
Oblong circle with Hebrew text within surrounded by artistic rendition of 5  ancient shekels of Israel.
Coin Notes:
Five of these coins were mean to pay the Pidyon Haben. When you multiply 26.00  grams for the coin by the purity of the silver, 0.900, you get 23.4, which when  multiplied by 5 gets you exactly 117 grams of pure silver.
You are bidding on the exact item pictured,  provided with a Certificate of Authenticity and Lifetime Guarantee of  Authenticity.
The
pidyon  haben
(
Hebrew
:
פדיון הבן
‎‎) or
redemption of  the first-born son
is a
mitzvah
in
Judaism
whereby a Jewish firstborn son is  "redeemed" by use of silver coins from his birth-state of sanctity.
The redemption is attained by giving five silver coins to a
Kohen
(a patrilineal descendant of the priestly  family of
Aaron
).
The Israeli Mint has minted special edition 23.4 gram silver commemorative coins  for the purpose, five of which would come to exactly 117 grams of silver.
Coins
Contemporary religious authorities believe that the
Shekel HaKodesh
(Holy Shekel) of the Temple was larger and of purer silver content than the  standard
Shekel
used for trade in ancient Israel.
Halakha
requires that the coins used have a  requisite total amount of actual silver. There are varying opinions as to between 100 grams and 117 grams. Coins  which do not contain the requisite amount of silver do not result in a valid  redemption.
The Israeli Mint has minted special edition 23.4 gram silver commemorative  coins for the purpose, five of which would come to exactly 117 grams of silver.  Pre-1936 American
silver dollars
weigh 26.73 grams of 90% silver  content and hence contain 24.06g of pure silver, although such coins have become  increasingly rare (modern U.S. coins contain no silver). Four
American Silver Eagle
coins, specially minted  coins sold to collectors and investors which contain 31.1035 grams of 99.9% pure  silver, or five of the above-mentioned specially minted silver coins of Israel  are commonly used for Pidyon Ha-Ben in the United States. One may use silver  bullion as well; it is not necessary for it to be a coin per se.
Though the silver coins are the payment to the Kohen under
torah law
and are one of the
twenty-four kohanic gifts
, they are sometimes  returned by the Kohen to the family as a gift for the child, although halachic  authorities stipulate that -for the Pidyon to be valid- the choice of returning  the coins as a gift rest
entirely
upon the Kohen whereas pressuring the  kohen to do so would render the redemption invalid.
Coins of sufficient weight and purity of silver to facilitate the ceremony  may be purchased from the Kohen  or from a Judaica vendor.
Unlike the redemption money, which can't be via a check, the purchase of the  coins
can be via check
.
Israel
,  is a
sovereign state
in
Western Asia
. The country is situated in the
Middle East
at the southeastern shore of the
Mediterranean Sea
and the northern shore of the
Gulf of Aqaba
in the
Red Sea
. It shares land borders with
Lebanon
to the north,
Syria
in the northeast,
Jordan
on the east, the
Palestinian territories
(which are claimed by  the
State of Palestine
and are partially controlled  by Israel) comprising the
West Bank
and
Gaza Strip
to the east and west, respectively,  and
Egypt
to the southwest. It contains  geographically diverse features within its relatively small area. Israel's
financial
and
technology center
is
Tel Aviv
while
Jerusalem
is both the self-designated capital  and
most populous individual city
under the  country's governmental administration. Israeli sovereignty over Jerusalem is
internationally unrecognized
.
On  29 November 1947, the
United Nations General Assembly
recommended the  adoption and implementation of the
Partition Plan
for
Mandatory Palestine
. This UN plan specified  borders for new Arab and Jewish states and also specified an area of
Jerusalem and its environs
which was to be  administered by the UN under an international regime. The end of the
British Mandate for Palestine
was set for  midnight on 14 May 1948. That day,
David Ben-Gurion
, the executive head of the
Zionist Organization
and president of the
Jewish Agency for Palestine
,
declared
"the establishment of a
Jewish state
in
Eretz Israel
, to be known as the State of  Israel," which would start to function from the termination of the mandate. The  borders of the new state were not specified in the declaration. Neighboring Arab  armies
invaded
the former Palestinian mandate on the  next day and fought the Israeli forces. Israel has since fought
several wars
with neighboring Arab states, in  the course of which it has
occupied
the West Bank,
Sinai Peninsula
(1956–57, 1967–82), part of
Southern Lebanon
(1982–2000), Gaza Strip  (1967–2005; still considered occupied after
2005 disengagement
) and the
Golan Heights
. It extended its laws to the  Golan Heights and
East Jerusalem
, but not the West Bank.
Efforts
to resolve the
Israeli–Palestinian conflict
have not resulted  in peace. However, peace treaties between Israel and both
Egypt
and
Jordan
have successfully been signed. Israel's  occupation of Gaza, the West Bank and East Jerusalem is the world's
longest military occupation
in modern times.
The
population of Israel
, as defined by the
Israel Central Bureau of Statistics
, was  estimated in 2016 to be 8,476,600 people. It is the world's only
Jewish-majority state
, with 6,345,400 citizens,  or 74.9%, being designated as
Jewish
. The country's second largest group of  citizens are denoted as
Arabs
, numbering 1,760,400 people (including  the Druze and most East Jerusalem Arabs). The great majority of Israeli Arabs  are Sunni
Muslims
, with smaller but significant numbers  of
semi-settled
Negev Bedouins
; the rest are
Christians
and
Druze
. Other far smaller minorities include
Maronites
,
Samaritans
,
Dom people
and
Roma
,
Black Hebrew Israelites
, other
Sub-Saharan Africans
,
Armenians
,
Circassians
,
Vietnamese boat people
, and others. Israel also  hosts a significant population of non-citizen foreign workers and asylum seekers  from Africa and Asia.
In its
Basic Laws
, Israel defines itself as a
Jewish and democratic state
. Israel is a
representative democracy
with a parliamentary  system,
proportional representation
and
universal suffrage
. The
prime minister
serves as head of government and  the
Knesset
serves as the
legislature
. Israel is a
developed country
and an
OECD
member, with the
35th-largest
economy
in the world by nominal gross domestic  product as of 2015. The country benefits from a highly skilled workforce and is  among the most educated countries in the world with the one of the highest  percentage of its citizens holding a tertiary education degree. The country has  the
highest standard of living in the Middle East
and the
fourth highest in Asia
, and has
one of the highest life expectancies
in the  world.
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Mr. Ilya Zlobin, world-renowned expert numismatist, enthusiast, author and dealer in authentic ancient Greek, ancient Roman, ancient Byzantine, world coins & more.
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