50 Litų New Millennium

Issued to mark the turn of the millennium, this coin was produced at a moment when Lithuania had been an independent state for less than a decade — the country had formally re-established independence from the Soviet Union in March 1990, making the year 2000 its first millennial observance as a sovereign republic since the interwar period. The Bank of Lithuania treated the commemorative program of this era as deliberate soft diplomacy, with silver issues circulating among collectors well beyond the Baltic region.

KM#128 shares its specifications with the widespread .925 silver commemorative blanks used across dozens of world mint programs in 1999–2000, sourced largely through the British Royal Mint's contract striking arrangements.