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50 Lira Red reverse

Issuer Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey)
Year 1956
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Value 50 Lira (50 TRL)
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Obverse description Right-of-centre intaglio vignette of President Mustafa Kemal Atatürk in a dark suit, set within a fine guilloche border. The denomination 50 and the value legend ELLİ TÜRK LİRASI are printed in large letterpress at centre, flanked by repeated TÜRK LİRASI panels at left and right margins. Serial number and series prefix appear twice, and a legal authority clause is printed in small text below the central inscription.
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Reverse description Central vignette of the soldier figure from the Statue of Victory (Zafer Anıtı) at Ulus Square in Ankara, shown full-length raising a rifle, rendered in intaglio within an arched guilloche frame. The overall colour is red, with ornate scrollwork panels carrying the denomination numeral 50 and TÜRK LİRASI at upper right and lower left corners. The issuer's name runs in a panel across the lower margin.
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Comments

Bradbury Wilkinson produced a long run of Turkish issues through the mid-century, and this note is distinguished within the series by its red reverse — a deliberate change from the earlier blue-reverse variant of the same Pick series, made during a period when Turkey was cycling through design amendments without issuing entirely new types. The distinction matters for collectors because the two are catalogued separately, yet they circulated concurrently and look nearly identical at a glance.

Turkey's 1950s monetary environment was marked by chronic inflation and repeated devaluations tied to the Democrat Party government's aggressive industrialization spending. High-denomination paper saw heavy circulation and significant wear as a result.

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