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200 000 Karbovantsiv Modern Olympics
| Issuer | National Bank of Ukraine |
|---|---|
| Year | 1996 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Karbovanets (1992-1996) |
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| Obverse description | At center, the Small State Emblem of Ukraine (trident) is prominently displayed, flanked on either side by stylized laurel sprays. The legend УКРАЇНА arcs above along the upper periphery, with the date 1996 inscribed below the emblem. The denomination 200000 КАРБОВАНЦІВ is inscribed along the lower circumference of the coin. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | УКРАЇНА 1996 200 000 КАРБОВАНЦІВ |
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| Additional information |
Ukraine's first commemorative coin program launched almost immediately after independence, with the National Bank issuing a wave of collector pieces through the mid-1990s while the country was simultaneously abandoning the karbovanets altogether. This Olympic issue appeared just as hyperinflation had rendered the denomination's face value essentially meaningless — 200,000 karbovantsiv would buy almost nothing by 1996, the same year the hryvnia replaced the currency entirely.
The timing made these commemoratives peculiar objects from birth: issued in a currency already scheduled for elimination, redeemable in a unit that ceased to exist within months of striking.