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50 Kuruş Gold Bullion Coinage
| Issuer | Turkish State Mint |
|---|---|
| Year | 1923 |
| Type | Non-circulating coin |
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| Obverse description | Central field features the inscription 'TÜRKİYE CUMHURİYETİ' (Republic of Turkey) arranged across two lines, with the foundational date '1923' below and the regnal year counter '47' in the lower field. The legends are enclosed within an ornate wreath of oak branches tied at the base, with leafy sprigs flanking the upper portion of the wreath. The coin's milled border runs along the periphery, framing the design with a fine beaded inner ring. |
|---|---|
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| Obverse lettering | TÜRKİYE CUMHURİYETİ 1923 47 (Translation: Republic of Turkey) |
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| Additional information |
The date 1923 on this coin refers not to the year of striking but to the founding year of the Turkish Republic — a convention used across the entire Turkish gold bullion series, where the actual mint year is encoded as a "year of reign" figure appearing alongside the fixed 1923 date. A coin reading 1923/52, for instance, was struck in 1975. Without that secondary figure, dating a specific example requires careful attribution.
The series was introduced partly to draw hoarded gold back into the formal economy, a persistent problem in Anatolia where coined gold had been privately stockpiled through generations of Ottoman instability and two world wars.