500 Tenge 20 Years of Independence

Kazakhstan declared independence on December 16, 1991, following the dissolution of the Soviet Union — one of the last republics to do so. The twentieth anniversary prompted an extensive commemorative program from the National Bank, of which this is one piece. The partial gilding applied over .925 silver was a favored technique in Kazakhstani commemorative issues of this period, used across multiple denominations in the same anniversary series.