500 Manat

Issuer Turkmenistan
Year 1999
Type Standard circulation coin
Value 500 Manat (500 TMM)
Currency Manat (1993-2009)
Composition Nickel clad steel
Weight 3.57 g
Diameter 20.9 mm
Thickness 1.5 mm
Shape Round
Technique Milled
Orientation Medal alignment ↑↑
Engraver(s)
In circulation to 1 January 2010
Reference(s) KM#12, Schön#17
Obverse description The left profile of President Saparmurat Niyazov (1991-2006).
Obverse script Latin
Obverse lettering SAPARMYRAT NYҰAZOW TÜRKENISTANYÑ ILKINJI PREZIDENTI
(Translation: Saparmurat Niyazov the first Turkmenistan President)
Reverse description Denomination, date below
Reverse script Latin
Reverse lettering TÜRKMENISTANYÑ MERKEZI BANKY 500 MANAT ·1999·
(Translation: Turkmenistan Central Bank 500 manat)
Edge Reeded
Mint
Mintage 1999 - - 20 000 000
Numisquare ID 2183398200
Additional information

Historical Context: Issued in 1999, the 500 Manat coin emerged during independent Turkmenistan's consolidation under President Saparmurat Niyazov, or Turkmenbashi. This era was marked by a strong national identity and a pervasive personality cult around Niyazov, declared president for life. The coinage, including this piece, symbolized the nation's sovereignty and its leader's pivotal role in shaping Turkmenistan's "Golden Age," distinctly moving away from Soviet iconography.

Artistry: The 500 Manat's design adheres to a nationalistic realist stylistic school, typical of post-Soviet Turkmen coinage. While individual engravers are rarely credited for circulating issues, the aesthetic reflects state-sanctioned iconography. The obverse prominently features a dignified portrait of President Niyazov, often in formal attire, symbolizing leadership. The reverse displays the denomination and year, frequently encircled by traditional Turkmen ornamentation or the national emblem, reinforcing cultural heritage.

Technical/Grading: Struck in nickel clad steel, the 500 Manat (KM#12) presents specific characteristics for technical assessment. Key high-points for grading include the intricate details of President Niyazov's hair, facial features, and suit collar on the obverse. On the reverse, the fine lines of the wreath surrounding the denomination and the crispness of the numerals are critical. Due to the clad composition, strike quality varies; strong strikes show full detail, while weaker strikes may present flatness in higher relief areas.

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