100g Dove of Peace Gold Bar

Israeli Bullion with Biblical Symbolism

The 100g Holy Land Mint Dove of Peace gold bar is part of a bullion series produced by Israel Coins and Medals Corp. (ICMC), trading internationally as The Holy Land Mint. ICMC was established in 1958 by Israel's first Prime Minister, David Ben-Gurion, and operated as a fully government-owned entity until its privatisation in 2008, when it was acquired by the G.R.A.S. Group. The Holy Land Mint brand launched in 2014 alongside the first Dove of Peace silver bullion products, with gold bars and rounds added in 2019.

The Dove of Peace series is the only bullion line produced in Israel, giving it a distinctive cultural identity in a market dominated by Swiss, German, Australian, and North American products. The design features a dove in flight carrying an olive branch, soaring over the walls of Jerusalem's Old City. The imagery draws from Genesis 8:11, a symbol of peace with deep resonance in the region. For buyers seeking bullion with specific cultural or religious significance, this series fills a niche that no other product occupies.

At 100 grams of 9999 fine gold (four nines), the bar meets the same purity standard as products from PAMP Suisse, Valcambi, and the Perth Mint. The 100g gold bar weight class offers premiums of 2-4% over spot for established brands. The Holy Land Mint's smaller production scale and narrower dealer network mean premiums may differ from the major Swiss refineries, and resale liquidity is more limited. Buyers should factor in that fewer dealers stock or buy back Holy Land Mint products compared to universally recognised bars from Valcambi or Argor-Heraeus.

Dove of Peace 100g Gold Bar Specifications

The Dove of Peace gold bar range extends from 1 gram through 1 oz, with bar formats at 1g, 2g, 5g, 10g, 20g, 1/2 oz, and 1 oz. Gold rounds are also available at 1 oz, 1/10 oz, and 1/25 oz. All gold products in the series are struck to 9999 fineness.

Security features include the Certieye authentication system (an optical verification technology), tamper-proof sealed packaging with security film, and individual serial numbers on the assay card. The bars are sealed in PETG blister packaging designed to be inspected without breaking the seal.

Tax Position Across Key Markets

The Dove of Peace bar is classified as investment-grade bullion, not legal tender. It carries no face value and is not issued by a central bank (despite ICMC's historical government origins). Tax treatment follows standard gold bar rules in each jurisdiction.

• United Kingdom: VAT-exempt as investment gold (purity exceeds 995 threshold). Subject to CGT on disposal. No CGT exemption applies, as the bar is not UK legal tender.
• United States: State sales tax varies. The 9999 purity exceeds the IRA minimum of 99.5%, making the bar eligible for inclusion in a self-directed precious metals IRA. Capital gains taxed at the 28% collectibles rate. The US is the primary export market for Holy Land Mint products, with availability through APMEX, JM Bullion, and other major dealers.
• European Union: VAT-exempt under the EU Investment Gold Directive for gold at 995+ fineness.
• Canada: GST/HST-exempt at 99.5%+ purity. Not RRSP-eligible, as RRSP inclusion requires coins issued by a government mint with face value, and the Dove of Peace is neither legal tender nor government-issued in the relevant sense.
• Australia: GST-free for investment-grade gold at 99.5%+ purity.
• Singapore: GST-exempt under IPM rules. No capital gains tax.
• Hong Kong: No sales tax, no duties, no capital gains tax.

From Ben-Gurion's Commemorative Mint to International Bullion

ICMC's original mandate from David Ben-Gurion in 1958 was to commemorate Israeli national events through coins and medals, not to produce investment bullion. For its first 56 years, the corporation focused on commemorative and numismatic products celebrating Israeli statehood, historical events, and cultural themes.

The pivot to investment bullion came in 2014 with the launch of the Holy Land Mint international brand and the first Dove of Peace silver products. Gold was added to the range in 2019. This commercial diversification reflected a broader trend among national mints and medals corporations seeking revenue from the growing retail bullion market.

The 2023 release coincided with the 75th anniversary of Israel's founding, prompting a commemorative edition. In 2024, the series marked its own 10th anniversary with a special privy-mark gold round. The design itself has remained consistent since 2014: the dove, olive branch, and Jerusalem skyline on the obverse, with Holy Land Mint branding and specifications on the reverse. Year-dates change annually, but the core imagery has not varied.

It is worth noting that despite the "Mint" branding, ICMC is not Israel's monetary authority. The Bank of Israel issues Israeli currency. The Holy Land Mint produces medals, art bars, and bullion, but not circulating coins or legal tender. This distinction affects tax treatment in jurisdictions like Canada, where retirement account eligibility requires legal tender status from a government mint.