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50 Lekë Declaration of Independence

Issuer Bank of Albania
Year 2002
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Diameter 28 mm
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Reverse lettering 90 VJETORI I SHPALLJES SE PAVARSIS E . 1850 1904 SAMI FRASHERI 1912 - 2002
(Translation: 90th Anniversary of the Declaration of Independence)
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Issued to mark the 90th anniversary of Albanian independence, proclaimed on November 28, 1912, when Ismail Qemali raised the flag at Vlorë and severed Albanian-populated territories from the crumbling Ottoman administration. The timing of the 2002 commemorative is itself worth noting — Albania was barely a decade removed from the collapse of its isolationist communist state and the catastrophic 1997 pyramid scheme crisis that had briefly plunged the country into civil disorder and nearly destroyed the banking system entirely.

Nordic gold was the deliberate choice of several European mints in the 1990s for mid-tier commemoratives, offering a gold-like appearance without the security concerns of a precious metal issue.

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