10 Denari Taurus

Macedonia issued this coin under the authority of the National Bank of the Republic of Macedonia, an institution established in 1992 following dissolution from the Socialist Federal Republic of Yugoslavia — one of the few post-Yugoslav successor states to achieve monetary separation without immediate hyperinflationary collapse. The Taurus denomination places it within a collector-focused bullion and commemorative program rather than any circulating series.

KM#49 in .925 silver at 21g falls squarely within NBRM's recurring commemorative output of the 2010s. No documented strike anomalies are associated with this type.