50000 Lira Turkish Coin - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 6 / Views: 1,068
segarvie New Member United States 16 Posts	Posted 07/18/2021 3:21 pm I was trying to convert the lira to US Dollars and it wasn't making any sense so I figured maybe you guys may know a little about it. How much is 50000 lira worth in the US? Anything you may know about this coin would be amazing. Report this Post to the Staff

Spence Moderator United States 34397 Posts	Posted 07/18/2021 3:43 pm According to numista, it is worth around a buck in this condition: https://en.numista.com/catalogue/pieces6865.html Of note is that the old Lira was demonetized by six zeros in 2003/4. "If you climb a good tree, you get a push." -----Ghanaian proverb "The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz Report this Post to the Staff
tdziemia Pillar of the Community United States 7934 Posts	Posted 07/18/2021 4:04 pm So, IF it were still legal tender, and because the current excnage rate is 1 new lira = $0.12, you have: 50,000 old lira x (1 new lira/1,000,000 old) x $0.12/ new lira = $0.006 So it's worth less than a cent in exchange value. Edited by tdziemia 07/18/2021 4:14 pm Report this Post to the Staff
spru Bedrock of the Community United States 12477 Posts	Posted 07/18/2021 4:36 pm As mentioned, this coin was demonitized and is no longer accepted in everyday transactions. I did read this, however, about converting old lira: Quote: From 1 January 2006 onwards, any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches. In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024 Report this Post to the Staff
andyg Pillar of the Community United Kingdom 1313 Posts	Posted 07/18/2021 4:41 pm As far as I know this type was only ever sold to collectors, it could not be found in everyday change. Report this Post to the Staff
Spence Moderator United States 34397 Posts	Posted 07/18/2021 5:28 pm Yes good point @andyg. This is listed as NCLT. "If you climb a good tree, you get a push." -----Ghanaian proverb "The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 07/18/2021 8:49 pm Turkey has suffered from really severe inflation. I travelled the length of Turkey along the Black Sea coast, way back ion 1970. At that time, the largest and heaviest circulating coin was a 2 1/2 Turkish Lira. Report this Post to the Staff
	Replies: 6 / Views: 1,068

To participate in the forum you must log in or register.

All Forums Category: World Coins and Currency Forums Forum: World Coins and Commemoratives

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.28 seconds to rattle this change.