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| Issuer | Central Bank of Turkmenistan |
|---|---|
| Year | 1994 |
| Type | Non-circulating coin |
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| Obverse description | Left-facing bust of President Saparmurat Niyazov rendered in high relief against a plain field. The portrait is unadorned and depicted in civilian dress, with naturalistic detail given to the hair and facial features. The legend TÜRKMENISTANYÑ PREZIDENTI arcs along the upper periphery, while SAPARMYRAT NYYAZOW curves along the lower periphery, both inscriptions in Latin script. |
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| Obverse lettering | TÜRKMENISTANYÑ PREZIDENTI SAPARMYRAT NYYAZOW (Translation: Turkmenistan President Saparmurat Niyazov) |
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| Additional information |
Turkmenistan's 1994 gold issues commemorated the third anniversary of independence from the Soviet Union, declared in October 1991 under Saparmurat Niyazov — who had simply converted his position as First Secretary of the Turkmen SSR into a presidency. The Central Bank was itself barely operational at the time of striking, having only gained the authority to issue coinage following the introduction of the manat in November 1993, which replaced the Soviet ruble at a rate of 1 manat to 500 rubles.
Mintage figures for this series remain poorly documented in Western references.