50 Bani

Brief Description

The coin features the Coat of Arms of Romania on the obverse, with the year of issue "2002" clearly visible below it. The reverse typically shows the denomination.

Historical Significance

This coin was issued during a period of transition and economic reform in Romania after the fall of communism. The reintroduction of the leu in 2005 (with 'bani' as its sub-unit) marked a stabilization of the currency. The 2002 issue date places it prior to the 2005 redenomination, meaning this specific coin (if it's indeed a 2002 issue) would effectively represent 500 old lei or 0.05 new lei after the redenomination (1 new leu = 10,000 old lei). However, the visible features strongly suggest it's a post-2005 issue, as the 50 bani coin with the coat of arms and 2002 date is a collectible proof or special issue, or it refers to the 50 bani of the third leu (ROL), which predates the 2005 redenomination but doesn't typically feature this coat of arms and date in 2002. Given the appearance, it's most likely a 50 bani coin from the 2005 series (RON), where the first issues for the 50 bani coin were indeed from 2005, despite some early strikes or special issues potentially carrying an earlier date or the date refers to a different series from the past. Assuming this is a modern 50 bani: It's part of the current Romanian leu (RON) currency system, which was introduced in 2005 as a redenomination of the old leu (ROL) at a rate of 1 RON = 10,000 ROL. This redenomination was a significant step in stabilizing Romania's economy and preparing for eventual Euro adoption.

Estimated Value

Circulated 50 Bani coins from Romania are generally of low monetary value, usually equivalent to their face value (approx. 0.11 USD as of late 2023). Uncirculated or proof versions, or specific rare varieties, could command slightly higher prices (a few dollars).

Care Instructions

To preserve the coin's condition, handle it by its edges to avoid transferring oils from your skin. Store it in a cool, dry place, ideally in a coin holder, album, or slab designed for coin preservation. Avoid cleaning the coin, as this can often damage its surface and decrease its numismatic value.

Created At: 2025-09-06T11:15:01.064404