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50 Cents Olympic Games Seoul - Silver Proof Issue

Issuer Central Bank of Cyprus
Year 1988
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Reference(s) KM#60a
Obverse description The national coat of arms of the Republic of Cyprus occupies the central field, depicting a dove in flight carrying an olive branch above the date 1960, the year of independence, all within a circular border. The arms are flanked by laurel sprigs extending along the lower periphery. A circular legend surrounding the device reads 'CYPRUS · ΚΥΠΡΟΣ · KIBRIS' in Latin, Greek, and Turkish scripts respectively, representing the island's three official designations. The coin year 1988 appears within the legend. The overall composition is rendered in high relief consistent with proof striking.
Obverse script Latin/Greek
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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.

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