Hidden in an arrow-hole inside the cave were the coins, bracelets, and tackle.
2,300 years ago, the year Alexander the Great reigned, and this is where the cosmos originated.
According to archaeologists, the artifacts were hidden by refugees for safety during the civil war that took place after the death of Alexander the Great in 323 BC.
Precious stones, oil lamps and pottery were also found among the stalactites.
Some of the artifacts found in the cave are believed to be 6,000 years old.
This comes just a month after divers found 2,000 gold coins off the Israeli coast.
A treasure trove of silver coins and jewellery dating back to the reign of Alexander the Great has been discovered by cave explorers on the other side of Israel.
The 2,300-year-old treasures were found hidden in a cave among pieces of Kelowna pottery inside a cave filled with stalactites.
They were spotted by three members of the Israeli Cavalry Club who had slipped through the arrow-shaped passages at the edge of the cave to get inside.
Members of the Israel Cavalry Club found silver coils dating back to the time of Alexander the Great alongside bracelets, tackle and weights (all pictured above) in a cave on the other side of Israel.
One of the cavers, Hep Zakai, saw something on the floor of the cave. It turned out to be two silver coins.
Along with the coils, the cave divers found a cloth bag containing a bunch of coils, hoops, bracelets and earrings, all made of silver and bronze.
Archaeologists who visited the cave over the weekend say the caves were found in the early Hellenistic Period during the reign of Alexander the Great.