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1000 Lira IYSH
| Issuer | Central Bank of the Republic of Turkey |
|---|---|
| Year | 1987 |
| Type | Log in to see details |
| Value | 1000 Lira (1000 TRL) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Log in to see details |
| Technique | Log in to see details |
| Orientation | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Edge | Reeded |
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| Mintage | Log in to see details |
| Additional information |
Turkey's 1000 Lira denomination arrived as the country was deep into a chronic inflation cycle that had been grinding since the late 1970s. By 1987, annual inflation was running above 30 percent, and the lira was losing purchasing power fast enough that this coin — face value equivalent to a trivial fraction of a U.S. cent within a few years — would effectively be swept from circulation before the decade closed.
The series was ultimately rendered obsolete by the 500,000 and 1,000,000 Lira notes that followed, a denomination creep that culminated in the 2005 redenomination stripping six zeros from the currency entirely.