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First Coins of Israel Pruta Set Lot of 8 Coins
First Coins of Israel -Pruta Set (1948-1960)
ThisPrutacollection set includes8 circulated coins.
All coins arein great condition!
ThePruta(Hebrew: פרוטה, plural: prutot) was a denomination of currency inIsraelprior to 1960.
The pruta was introduced shortly after the establishment of the state, as the 1000th part of the Israeli Pound. It replaced the mil, which was the 1000th part of the Palestinianpound, a currency issued by theBritishMandate of Palestine prior to May 1948.
The word Pruta was borrowed fromMishnaic Hebrew, in which it meant \"acoin of smaller value.\" This word was probably derived originally from anAramaic word with the same meaning. The Pruta was abolished in 1960 when the Israeli government decided to change the subdivision of the Israeli pound into 100 agorot. This move was necessary due to the constant devaluation of the Israeli pound, which rendered coins smaller than 10 prutot redundant.
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