Turkey 1990 1000 lira KM-997

from the Stonecat Collection

This type was struck 1990-94 and all dates are worthless or nearly so. Ataturk appears on the obverse. Another thousand lira (KM 996) was issued in 1990 promoting environmental protection. The circulating life was brief, as inflation devoured its value. In 1970, US$1 = 11.3 lira; in 1990, US$1 = 2,500 lira; in 1995, US$1 = 43,000 lira; in 2005, US$1 = 1,350,000 lira. In that year, the new lira was introduced, worth one million old lira. Normally, a new currency is accompanied by budget reforms or debt rescheduling so that the new unit can become established; however, this did not occur in Turkey.

Recorded mintage: 136,480,000.

Specification: 8 g, nickel brass, 25.6 mm diameter, reeded edge.

Catalog reference: KM 997.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

Link to:

• 1991 2500 lira
• 1991 50,000 lira, bicentennial of the death of Mozart
• 1994 1000 lira
• Coins and currency dated 1990
• return to coins of Turkey