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500 Manat Nisa Fortress

Issuer Central Bank of Turkmenistan
Year 2000
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Composition Silver (.925)
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Obverse lettering TÜRKMENISTANYŇ ILKINJI WE ÖMÜRLIK PREZIDENTI ∙ SAPARMYRAT NYÝAZOW ∙
(Translation: The first and lifelong President of Turkmenistan Saparmurat Niyazov)
Reverse description Central design depicts a standing robed statue of Mithridates I (identified by the inscription MITRIDATKERT at lower left) facing the viewer, set against a mountainous landscape evoking the ancient Parthian site of Nisa. The denomination 500 MANAT appears to the left of the statue and the date 2000 to the right, with NUSAÝ inscribed above as the Turkmen name for the site. The inscription HUDAÝAYALY appears at lower right. The outer border features an ornamental pattern of repeating oval motifs, enclosing a circumferential legend divided between the upper arc TÜRKMENISTANYŇ MERKEZI BANKY and the lower arc BEÝIK TARYHY MIRASLARYMYZ, meaning 'Central Bank of Turkmenistan — Our Great Historical Heritage.'
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Nisa — known in antiquity as Mithridatkert — served as the royal necropolis and treasury of the early Parthian kings, founded by Mithridates I in the 2nd century BC. The site sits near modern Ashgabat and was designated a UNESCO World Heritage candidate partly on Turkmenistan's post-independence drive to anchor national identity in pre-Islamic, pre-Russian antiquity. That political project drove much of the commemorative coinage program Ashgabat pursued through the late 1990s and early 2000s.

Excavations at Nisa by Soviet archaeologists from the 1930s onward uncovered the famous rhyta — carved ivory drinking horns — now held in Ashgabat's national museum.

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