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250 000 Lira
| Issuer | Turkish State Mint |
|---|---|
| Year | 2002-2004 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The denomination numeral 250 is boldly struck in large raised digits at center, with the inscription BİN LİRA (Thousand Lira) rendered in a smaller font immediately below, together expressing the face value of 250,000 lira. The Turkish national emblem — a crescent moon and five-pointed star — is positioned prominently in the upper field above the numeral. The year of issue appears in the lower exergue. The field is otherwise plain, with a raised rim defining the coin's border. |
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| Additional information |
By 2002, Turkish inflation had been so persistent for so long that the 250,000 lira represented a denomination that would have been unthinkable a generation earlier. The lira had lost roughly 99.9% of its value against the US dollar between 1970 and 2002, a cumulative erosion that forced the mint to produce coins in denominations requiring six digits. This issue was among the last of that absurd arithmetic — the New Turkish Lira redenomination of January 2005 wiped six zeros from the currency, retiring the entire pre-reform series at once.