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The Israel 10 New Shekel 1990 “Archaeology” PF69 Ultra Cameo NGC silver proof coin is a commemorative issue that honors the nation's profound and ongoing connection to its ancient past. Issued by the Israel Government Coins and Medals Corporation (IGCMC) and minted under the authority of the Bank of Israel, this coin stands as a tribute to Israel’s rich archaeological heritage and the countless discoveries that have illuminated its biblical and historical narrative. Struck in .925 fine silver and graded PF69 Ultra Cameo by NGC, it represents a remarkable blend of national pride, historical reverence, and precision minting.
The reverse design of the coin features a striking and emblematic motif: a fragment of an ancient artifact—likely a shard of pottery or a carved stone—depicting the Lion of Megiddo, a design found on a 7th-century BCE seal attributed to Shema, servant of King Jeroboam II. This ancient lion is shown in profile, striding with purpose and confidence, a traditional Near Eastern symbol of power, sovereignty, and protection. Behind the image is a faint outline of stratified earth layers, alluding to archaeological dig sites where such treasures are unearthed. The inscription in Hebrew “ארכיאולוגיה” (Archaeology) curves across the top, with the English “ARCHAEOLOGY” at the bottom.
This design captures the essence of Israel’s archaeological identity: a nation that, despite its modernity, continues to uncover relics that connect present-day society with biblical kingdoms, ancient civilizations, and the sacred geography of Judaism, Christianity, and Islam. The lion, a symbol also found on early coins and seals from the region, reflects not only the physical artifacts themselves but the cultural and spiritual messages embedded within them. The textured detail on the lion contrasts beautifully with the mirror-like proof fields, reinforcing the impression of depth and antiquity.
The obverse of the coin is styled consistently with other Israeli commemorative coins from the era. At the top is the official emblem of the State of Israel: a stylized seven-branched menorah flanked by two olive branches, symbolizing peace and continuity. Below the emblem, the word “Israel” appears in Hebrew, Arabic, and English, acknowledging the trilingual culture of the modern state. Beneath this, the denomination “10 New Shekels” is presented in Hebrew and English, along with the date “1990” and its corresponding Hebrew calendar year “5750.” The symmetry and minimalism of the obverse lend it a sense of governmental formality and national pride.
The coin was minted in proof quality, using highly polished dies and specially prepared planchets to achieve a flawless finish with mirror-like fields and frosted devices. The Ultra Cameo designation from NGC certifies that the coin features strong contrast between these two surfaces, highlighting the design elements with clarity and elegance. The ancient lion fragment is frosted in soft relief, while the background’s highly reflective finish adds dramatic depth to the scene. This production technique gives the impression that the ancient artifact is being pulled out from beneath the earth into the present light.
The PF69 grade awarded by NGC places this coin just one point below a perfect score on the 70-point Sheldon scale, indicating a coin that is essentially flawless to the naked eye. It is devoid of any visible hairlines, cloudiness, or spots, with only the faintest imperfection possible under magnification. The surfaces are clean and vibrant, with a deep cameo effect that highlights the lion and text in stunning relief. Encapsulated in a sealed holder, this coin is both protected and authenticated for the collector’s assurance.
The mintage for the 1990 Archaeology 10 New Shekel proof coin was purposefully limited, in keeping with IGCMC’s tradition of striking commemorative issues in small numbers to enhance their appeal and collectibility. Estimates suggest a mintage of between 3,000 and 5,000 pieces, distributed through official channels with presentation cases and certificates of authenticity. These low production numbers ensure scarcity, especially in top-graded examples, and make the coin highly desirable among collectors of Judaica, Israeli history, or world archaeology-themed numismatics.
One of the more intellectually resonant coins in the Israeli commemorative series, the Archaeology issue speaks not only to those who appreciate numismatic art but also to historians, biblical scholars, and archaeologists. It stands as a silver testament to the thousands of years of human presence in the land, where layer upon layer of civilization lies beneath the soil. The image of the lion is more than a decorative element; it represents the fierce endurance of cultural memory, national identity, and scholarly pursuit.
Beyond its symbolism, the coin’s composition and denomination are of notable interest. Issued in .925 sterling silver with a face value of 10 New Shekels, it was one of the higher-denomination silver commemoratives of the time, giving it more gravitas both economically and artistically. Its weight, diameter, and purity conform to international standards for proof silver coins, adding to its market appeal and liquidity. Collectors seeking a substantial silver proof with strong thematic resonance will find this coin a worthwhile addition to their portfolio.
Over time, the 1990 “Archaeology” coin has come to be seen as one of the cornerstone issues in the Israeli commemorative series. It marked a turning point where national coinage moved beyond the purely celebratory or religious into the scholarly and cultural realm. It began a tradition of coins that served as miniature monuments to Israeli identity—not only as a homeland of faith, but as a steward of civilization’s shared past. The ancient lion, etched into silver, becomes a roaring symbol of that custodianship.
The Israel 10 New Shekel 1990 “Archaeology” PF69 Ultra Cameo NGC silver proof coin is a numismatic celebration of Israel’s ancient soul, perfectly preserved in precious metal and minted with reverence for its past. With its limited mintage, exceptional grade, and deep historical meaning, it remains a standout piece for collectors who value both beauty and intellectual depth. It is not only a silver coin—it is a doorway into the stones, symbols, and stories that shape a nation and echo through time.