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4 000 000 Lira Atatürk
| Issuer | Turkey |
|---|---|
| Year | 1999 |
| Type | Log in to see details |
| Value | 4 000 000 Lira (4 000 000 TRL) |
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| Composition | Log in to see details |
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| Obverse description | Central field features the denomination '4.000.000' above the word 'LİRA' and the date '1999', all enclosed within a wreath composed of two wheat ears to the left and an olive branch to the right, their stems crossed at the base. The Turkish crescent-and-star emblem appears at the top of the wreath. The circular legend 'TÜRKİYE CUMHURİYETİ' (Republic of Turkey) runs along the upper periphery in raised Latin letters. A small mint mark is visible below the date in the lower field. |
|---|---|
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| Mintage | 1999 - Proof - 4,596 |
| Additional information |
Issued during Turkey's catastrophic inflation crisis of the late 1990s, when the lira was losing value so rapidly that the government was simultaneously printing banknotes in the billions while minting commemorative coins denominated in the millions. The four-million-lira face value was not hyperbole — it was roughly equivalent to just a few US dollars at the time of issue.
Turkey would redenominate the entire currency in 2005, stripping six zeros to create the New Turkish Lira and effectively erasing denominations like this one from the monetary record.