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50 Manat Karabakh

Issuer Central Bank of the Republic of Azerbaijan
Year 2020
Type Non-circulating coin
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Mint Turkish State Mint (Darphane), Istanbul, Turkey (1926-date)
Mintage 2020 - Proof - 2,000
Additional information

Issued in the same year Azerbaijan launched the 44-Day War that retook much of the Karabakh region from Armenian forces, this coin's timing is pointed. The offensive, which ran from late September to early November 2020, ended with a Russian-brokered ceasefire and the return of territories held since the early 1990s conflict.

The Central Bank of Azerbaijan has consistently used its commemorative silver program to assert territorial claims — Karabakh issues predate the military victory, making this particular piece part of a numismatic argument that preceded the guns.

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