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50 Lekë Declaration of Independence
| Issuer | Bank of Albania |
|---|---|
| Year | 2002 |
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| Reference(s) | KM#88 |
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|---|---|
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| Obverse lettering | SHQIPERI - ALBANIA 50 LEKE 2002 (Translation: Albania) |
| Reverse description | The reverse bears a forward-facing draped bust of Sami Frashëri, the prominent Albanian writer and nationalist intellectual, rendered in low relief at the centre of a raised inner disc. The inscription 'SAMI FRASHERI 1850 · 1904' appears below the portrait, recording his birth and death years. The commemorative legend '90 VJETORI I SHPALLJES SE PAVARSIS E' curves along the upper border of the coin, and the anniversary dates '1912 - 2002' are inscribed at the base, flanked by decorative foliate sprigs. |
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| Additional information |
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.