Catalog
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| Issuer | Bank of Albania |
|---|---|
| Year | 1996-2020 |
| Type | Standard circulation coin |
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| Obverse description | Equestrian effigy of Genthios (Genti), King of Illyria, depicted in full armour and crested helmet, mounted on a walking horse facing right, rendered in a classical sculptural style. The legend 'REPUBLIKA E SHQIPERISE' curves along the upper periphery, flanked by two raised dots, with the date '1996' appearing at the lower left of the field. The inscription 'GENTI MBRETI ILIR' is positioned in two lines below the horse, identifying the historical figure. |
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| Reverse script | Latin |
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| Additional information |
Albania's post-communist monetary reconstruction moved slowly, and the 50 Lekë denomination sat in an awkward middle position throughout the 1990s — large enough to matter during the inflationary pressures following the 1997 pyramid scheme collapse, which wiped out roughly two-thirds of Albania's GDP and triggered an armed insurrection that killed some 2,000 people. Coins of this period circulated in a country that had briefly descended into near-anarchy.