1/2 oz Dove of Peace Gold Bar

Israel's Dove of Peace at Half-Ounce Weight

The 1/2 oz Dove of Peace gold bar contains 15.55 grams of 999.9 fine gold, produced by the Holy Land Mint (the international bullion brand of Israel Coins and Medals Corp., or ICMC). Established in 1958 by David Ben-Gurion to commemorate Israeli national events, ICMC operated as a government-owned entity until privatisation in 2008. The Dove of Peace bullion series launched in 2014 as a commercial diversification from the mint's traditional commemorative medals and coins.

The bar's design features a dove in flight carrying an olive branch, soaring over the walls of Jerusalem's Old City with its famous skyline silhouetted below. This motif draws from the biblical story of Noah (Genesis 8:11) and is a symbol of peace with deep cultural resonance. The design has remained consistent since the series began, with year-date changes and occasional anniversary privy marks (the 10th anniversary in 2024 received a special edition). The reverse carries Holy Land Mint branding with weight and purity specifications.

The 1/2 oz bar is the mid-range gold bar in the Dove of Peace lineup, sitting between the 1/10 oz Dove of Peace bar and the larger 1 oz bar. The series also includes metric gram bars at 1g, 2g, 5g, 10g, and 20g. All products ship in tamper-proof sealed packaging with Certieye authentication technology and unique serial numbers. These are bullion bars, not coins: they carry no face value and are not legal tender in any jurisdiction. The Holy Land Mint is not Israel's monetary authority (that is the Bank of Israel) and does not issue circulating currency.

The Dove of Peace's appeal is cultural and geographic rather than institutional. It is the only bullion series produced in Israel, giving it a distinctive identity in a market dominated by Swiss, Australian, and North American products. The dealer network is narrower than for LBMA-accredited brands; primary distribution runs through major US dealers including APMEX, JM Bullion, and Money Metals, plus direct sales from the Holy Land Mint website.

1/2 oz Dove of Peace Gold Bar Specifications

Dove of Peace Gold Product Range

The obverse depicts the dove carrying an olive branch over the Old City of Jerusalem, with the city walls and recognisable buildings outlined below. The reverse shows the Holy Land Mint branding with weight and purity specifications. All gold products are struck at .9999 fineness (four nines), matching the standard set by major sovereign mints and LBMA refiners.

Tax Treatment for the 1/2 oz Dove of Peace Gold Bar

The 999.9 fine gold purity ensures this bar qualifies for investment gold tax exemptions across all major markets. The manufacturer's non-LBMA status does not affect the tax classification, which is determined by purity and form.

• United Kingdom: VAT-exempt as investment gold (995+ fineness). Subject to CGT on disposal; not UK legal tender, so no CGT exemption applies. For UK buyers comparing bars, the 1/2 oz Gold Britannia offers CGT exemption as UK legal tender.
• United States: No federal sales tax. Most states exempt bullion. The bar meets the IRS 99.5% purity requirement for precious metals IRA inclusion; both gold (.9999) and silver (.999) products from the Holy Land Mint are listed as IRA-eligible by several major dealers. Capital gains taxed at the collectibles rate of up to 28%.
• Canada: GST/HST exempt at 99.5%+ purity. Not eligible for RRSP under standard precious metals rules, which require coins issued by a government mint with face value.
• European Union: VAT-exempt under the Investment Gold Directive for gold bars at 995+ fineness.
• Australia: GST-free as investment-grade gold at 99.5%+ purity.
• New Zealand: GST-exempt for fine gold at 99.5%+ purity.
• Singapore: GST-exempt under the IPM scheme for gold at 99.5%+ purity. The IPM rules specify bars from LBMA-accredited or similarly qualified refiners; buyers should confirm eligibility with their dealer.
• Hong Kong: No sales tax, no import duty, no capital gains tax.