Turkey 2001 50000000 lira Fr-275 - Revision history

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[[Image:SB1123-74705o.jpg|300px|thumb|Stack's Bowers November 2023 Collector's Choice sale, lot 74705]]
[[Image:SB1123-74705r.jpg|300px|thumb]]

This specimen was lot 74705 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, November 2023), where it sold for $360. The catalog description<sup>[1]</sup> noted, "TURKEY. 50000000 Lira, 2001. Istanbul Mint. NGC PROOF-68 Ultra Cameo. Featuring the head of a golden eagle along with a diamond setting for the eye, this specimen undoubtedly offers great eye appeal, with the cameo nature augmenting its allure that much more." 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:'' unknown.

''Specification:'' 0.1876 troy oz AGW.

''Catalog reference:'' Fr-275 (formerly Fr-155); KM-Unlisted.

''[[Bibliography|Source:]]''
* Friedberg, Arthur L. and Ira S. Friedberg, ''Gold Coins of the World, From Ancient Times to the Present, 9th ed.,'' Clifton, NJ: Coin and Currency Institute, 2017.
* Michael, Thomas, and Tracy L. Schmidt, ''Standard Catalog of World Coins, 2001-Date, 13th ed.,'' Iola, WI: Krause Publications, 2018.
* <sup>[1]</sup>Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, ''November 2023 World Collectors Choice Online Auction - Ancient & World Coins,'' Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.

''Link to:''
* [[Turkey 1994 1000 lira]]
* [[Turkey 1994 5000 lira|1994 5000 lira]]
* [[Turkey 2009 lira]]
* [[Coins and currency dated 2001]]

[[Category: Selections from the Stack's Bowers 2023 Collector's Choice sale]]

@@ Line 4: / Line 4: @@
 This specimen was lot 74705 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, November 2023), where it sold for $360. The catalog description<sup>[1]</sup> noted, "TURKEY. 50000000 Lira, 2001. Istanbul Mint. NGC PROOF-68 Ultra Cameo. Featuring the head of a golden eagle along with a diamond setting for the eye, this specimen undoubtedly offers great eye appeal, with the cameo nature augmenting its allure that much more." 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:'' unknown.
+''Recorded mintage:'' 1,993 proofs.
-''Specification:'' 0.1876 troy oz AGW.
+''Specification:'' 7.78 g, 0.750 fine gold, 25 mm diameter, 0.1876 troy oz AGW.
 ''Catalog reference:'' Fr-275 (formerly Fr-155); KM-Unlisted.

@@ Line 18: / Line 18: @@
 * [[Turkey 1994 5000 lira|1994 5000 lira]]
 * [[Turkey 1997 1000000 lira KM-1098|1997 1,000,000 lira, Pîrî Reis]]
 * [[Turkey 2009 lira]]
 * [[Coins and currency dated 2001]]
 [[Category: Selections from the Stack's Bowers 2023 Collector's Choice sale]]

@@ Line 2: / Line 2: @@
 [[Image:SB1123-74705r.jpg|300px|thumb]]
-This specimen was lot 74705 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, November 2023), where it sold for $360. The catalog description<sup>[1]</sup> noted, "TURKEY. 50000000 Lira, 2001. Istanbul Mint. NGC PROOF-68 Ultra Cameo. Featuring the head of a golden eagle along with a diamond setting for the eye, this specimen undoubtedly offers great eye appeal, with the cameo nature augmenting its allure that much more." 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.
+This specimen was lot 74705 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, November 2023), where it sold for $360. The catalog description<sup>[1]</sup> noted, "TURKEY. 50000000 Lira, 2001. Istanbul Mint. NGC PROOF-68 Ultra Cameo. Featuring the head of a golden eagle along with a diamond setting for the eye, this specimen undoubtedly offers great eye appeal, with the cameo nature augmenting its allure that much more." 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:'' unknown.