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| Issuer | Central Bank of Cyprus |
|---|---|
| Year | 1988 |
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| Shape | Round |
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| Obverse lettering | 1960 CYPRUS · ΚΥΠΡΟΣ · KIBRIS · 1988 |
| Reverse description | The reverse presents a stylized artistic composition combining an athletic track or field motif with a laurel branch, unified into a single graphic design element representing sportsmanship and classical Olympian tradition. The five interlocked Olympic rings emblem is prominently displayed as the central device of the composition. The denomination '50' appears in the field. The overall design commemorates the 1988 Summer Olympic Games held in Seoul, South Korea, and reflects the clean, modern graphic style typical of Cypriot commemorative issues of the period. |
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| Additional information |
Cyprus issued this proof alongside a base-metal circulation strike as part of a broader Commonwealth and smaller-nation commemorative trend tied to the Seoul Games. The Central Bank's decision to produce a silver proof variant of a fifty-cent denomination was partly commercial — aimed squarely at the collector market rather than any circulation function — and mintages were kept deliberately low to sustain that appeal.
Seoul 1988 was the first Summer Olympics held without a significant boycott since Munich 1972, a detail that gave the Games unusual symbolic weight at the time.