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3 000 000 Lira Galata Tower
| Issuer | Turkish State Mint (Darphane) |
|---|---|
| Year | 1998 |
| Type | Non-circulating coin |
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|---|---|
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| Reverse description | A detailed architectural view of the historic Galata Tower rising prominently above the surrounding rooftops of the Galata quarter in Istanbul, rendered with fine engraving against a mirror-polished field. To the left of the tower, the Turkish crescent and star symbol appears in the field. The legend 'GALATA KULESİ' arcs along the upper periphery, while 'EURO' is inscribed along the lower border, referencing Turkey's participation in the Euro Cities commemorative coin program. |
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| Mint | (td) Turkish State Mint (Darphane), Istanbul, Turkey (1926-date) |
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| Additional information |
Turkey's late-1990s commemorative silver program coincided with chronic hyperinflation that had rendered everyday coinage nearly worthless — by 1998, the Turkish lira had lost so much purchasing power that a face value of three million lira on a silver coin was, in practical terms, a rounding error against the metal's own worth. The denomination was ceremonial arithmetic, not monetary policy.
The Galata Tower itself predates Ottoman Istanbul: the Genoese rebuilt it in 1348 as the Christea Turris, a watchtower over their trading colony in Pera. It passed to Ottoman hands in 1453.