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200 000 Karbovantsiv Hero-City of Sevastopol
| Issuer | National Bank of Ukraine |
|---|---|
| Year | 1995 |
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| In circulation to | 16 September 1996 |
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| Obverse description | At the center of the obverse, within a beaded inner border, appears the Small State Emblem of Ukraine (the trident) framed by two symmetrical guelder-rose sprays, each bearing five leaves and three clusters of berries — the upper cluster of seven berries, the middle of five, and the lower of six. The date of issue, 1995, is inscribed above the emblem, while the two-line denomination 200000 КАРБОВАНЦІВ appears below, with the numeral interrupted by the beaded ornament. The circular legend НАЦІОНАЛЬНИЙ БАНК УКРАЇНИ runs along the outer ring of the obverse, separated from the denomination КАРБОВАНЦІВ by rhombic dividers. |
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| Reverse script | Cyrillic |
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| Additional information |
Issued just four years after Ukrainian independence, this coin belongs to a short-lived karbovanets coinage program that was already collapsing under hyperinflation by the time it reached circulation. The karbovanets itself — a transitional currency introduced in 1992 to replace Soviet rubles — was abolished in September 1996 and replaced by the hryvnia at a rate of 100,000 to 1, rendering the entire series effectively obsolete within months of issue.
Sevastopol's "Hero City" designation dates to 1965, awarded by the Soviet presidium for its defense during the 1941–1942 siege. The city's status was politically charged in 1995: a predominantly Russian-speaking naval base city whose sovereignty between Ukraine and Russia was already being actively disputed.