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50 Lira

Issuer Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey)
Year 1976-1983
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Currency Old lira (1923-2005)
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Obverse description Intaglio portrait of Mustafa Kemal Atatürk at right, rendered in a three-quarter view against a multicolour guilloche underprint in pink, green, and orange tones. A large ornate numeral '50' vignette in guilloche work occupies the centre, flanked to the left by a decorative rosette medallion and the serial number in black letterpress. The bank title and denomination appear in bold typography across the upper and lower registers respectively.
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Reverse description Central vignette presents an intaglio engraving of the marble fountain (Şadırvan) in the courtyard of Topkapı Palace, Istanbul, set within an oval guilloche border with a decorative leaf-and-petal surround. The background carries an elaborate multicolour arabesque underprint in blue, pink, and teal. Denomination numerals '50' appear in ornate cartouches at upper right and lower right, with the value inscription in brown letterpress at lower left.
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P#188 spans a seven-year emission window, 1976 to 1983, a period during which Turkey endured two military interventions — the 1971 "coup by memorandum" had already passed, but the September 1980 takeover brought wholesale institutional disruption, including a hard reset of economic policy under IMF pressure. Notes from the early dates of this series circulated through some of the worst inflation Turkey had seen to that point, with the lira losing significant purchasing power before the denomination itself was eventually rendered obsolete by later inflationary waves requiring far larger figures.

Printed entirely in-house at the Ankara banknote facility, which the Central Bank has operated since 1955.