Item: i105606


Authentic Coin of:

Turkey
50th anniversary of August Victory
1972 Proof Silver 50 Lira 34.8mm (20.01
grams) 0.830 Silver (0.5070 oz ASW)
Reference: 
KM# 901 | Engraver: A. Kumuk
Certification: NGC  
PF 64 ULTRA CAMEO 2863581-001 
TURKIYE CUMHURIYETI • ELLI LIRA •, Atatürk on 
horse left.
OTUZ AGUSTOS ZAFERININ ELLINCI YILDONUMU • 1922 
– 1972, Uniformed figures in battle star and 
crescent above.

Coin Notes:
Kemal Atatürk’s Entry into Smyrna After a series 
of battles during the Greco-Turkish war, the 
Greek army advanced as far as the Sakarya River, 
just eighty kilometers west of the GNA. On 5 
August 1921, Mustafa Kemal was promoted to 
Commander in chief of the forces by the GNA. The 
ensuing Battle of Sakarya was fought from 23 
August to 13 September 1921 and ended with the 
defeat of the Greeks. After this victory, on 19 
September 1921, Mustafa Kemal Pasha was given by 
the Grand National Assembly the rank of Mareşal 
and the title of Gazi. The Allies, ignoring the 
extent of Kemal’s successes, hoped to impose a 
modified version of the Treaty of Sèvres as a 
peace settlement on Ankara, but the proposal was 
rejected. In August 1922, Kemal launched an 
all-out attack on the Greek lines at 
Afyonkarahisar in the Battle of Dumlupınar and 
Turkish forces regained control of Smyrna on 9 
September 1922.

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Turkey, officially the Republic of Turkey (Turkish:  Türkiye Cumhuriyeti (help·info); pronounced [ˈtyɾcije d͡ʒumˈhuɾijeti]), is a transcontinental country in Eurasia, mainly in Anatolia in Western Asia, with a smaller portion on the Balkan peninsula in Southeast Europe. Turkey is bordered by eight countries with Greece and Bulgaria to the northwest; Georgia to the northeast; Armenia, the Azerbaijani exclave of Nakhchivan and Iran to the east; and Iraq and Syria to the south. The country is encircled by seas on three sides with the Aegean Sea to the west, the Black Sea to the north, and the Mediterranean Sea to the south. The Bosphorus, the Sea of Marmara, and the Dardanelles, which together form the Turkish Straits, divide Thrace and Anatolia and separate Europe and Asia. Ankara is the capital while Istanbul is the country’s largest city and main cultural and commercial centre. Approximately 70-80% of the country’s citizens identify themselves as ethnic Turks. Kurds are the largest minority at about 20% of the population, and other ethnic minorities include Circassians, Albanians, Arabs, Bosniaks and Laz. Minority languages spoken today in Turkey include Kurmanji, Arabic, Zaza, Kabardian and several others.

The area of Turkey has been inhabited since the Paleolithic age by various ancient Anatolian civilisations, as well as Assyrians, Greeks, Thracc7ians, Phrygians, Urartians and Armenians. After Alexander the Great conquered these lands, the area was Hellenized, a process which continued under the Roman Empire and its transition into the Byzantine Empire. The Seljuk Turks began migrating into the area in the 11th century, and their victory over the Byzantines at the Battle of Manzikert in 1071 symbolizes the start of Turkification in Anatolia. The Seljuk Sultanate of Rûm ruled Anatolia until the Mongol invasion in 1243, when it disintegrated into small Turkish beyliks.

From the end of the 13th century the Ottomans started uniting Turkish principalities in Anatolia and then went on to create an empire that encompassed much of Southeast Europe, West Asia and North Africa. The Ottoman Empire became a world power beginning with the reign of Suleiman the Magnificent in the early modern period. It remained powerful and influential for two more centuries, until important setbacks in the 18th and 19th century forced it to cede strategic territories in Europe, which signalled the loss of its former military strength and wealth. After the 1913 Ottoman coup d’état, which effectively put the country under the control of the Three Pashas, the Ottoman Empire decided to join the Central Powers during World War I. During the war, the Ottoman government committed genocides against its Armenian, Assyrian and Pontic Greek subjects. Following the war, the conglomeration of territories and peoples that formerly comprised the Ottoman Empire was partitioned into several new states. The Turkish War of Independence, initiated by Mustafa Kemal Atatürk and his colleagues against occupying Allies, resulted in the abolition of monarchy in 1922 and the establishment of the Republic of Turkey in 1923, with Atatürk as its first president. Atatürk enacted numerous reforms, many of which incorporated various aspects of western thought, philosophy, and customs into the new form of Turkish government.

Turkey is a charter member of the UN, an early member of NATO, the IMF and the World Bank, and a founding member of the OECD, OSCE, BSEC, OIC and G-20. After becoming one of the first members of the Council of Europe in 1949, Turkey became an associate member of the EEC in 1963, joined the EU Customs Union in 1995 and started accession negotiations with the European Union in 2005 which have been effectively stopped by the EU in 2017 due to “Turkey’s path toward autocratic rule”. Turkey’s economy and diplomatic initiatives led to its recognition as a regional power while its location has given it geopolitical and strategic importance throughout history.

Turkey is a secular, unitary, parliamentary republic; slated to transition to a presidential system in 2019, following a 2017 referendum. However, Turkey’s current administration headed by president Tayyip Erdoğan of the AKP has enacted measures to increase the influence of Islam, reversed and undermined secularist policies, and has reversed earlier reforms such as Freedom of the Press.