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| Issuer | Central Bank of Turkmenistan |
|---|---|
| Year | 2003 |
| Type | Non-circulating coin |
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| Obverse description | Central device features the coat of arms of Turkmenistan, depicting a Akhal-Teke horse within a circular inner ring, surrounded by five ornamental carpet guls arranged around the ring, all enclosed within a wreath of wheat ears. Above the central device, a crescent moon and five stars appear beneath the top arc of the legend. The circular legend TÜRKMENISTANYŇ MERKEZI BANKY is inscribed along the upper periphery in Latin script, with the date 2003 in the lower exergue flanked by raised dots. |
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| Reverse script | Latin |
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| Additional information |
Gurbandurdy Zelili was an 18th-century Turkmen poet whose works circulated orally for generations before being formally collected — part of a classical literary tradition that the post-Soviet Turkmen state aggressively promoted as evidence of deep national roots. This coin belongs to a broader commemorative silver program launched under Saparmurat Niyazov, the autocratic first president who styled himself "Turkmenbashi" and made cultural mythologizing a central instrument of governance.
The 500 manat face value was largely symbolic by 2003, the currency having suffered severe devaluation through the 1990s.