Note of the Month: Turkmenistan 100 Manat

Posted on 9/23/2025

Thirty-four years ago, the Central Asian country declared its independence from the Soviet Union.



Click images to enlarge.

Country: Turkmenistan

Catalog Number: 18

Date: 2005

Denomination: 100 Manat

Varieties: None in the PMG Population Report

What makes it special? Of all the catalog numbers for Turkmenistan in the PMG Population Report, this is easily the most numerous. The front of it shows Saparmurat Niyazov, who was the first president of Turkmenistan, ruling from 1991 to 2006, when he died of a heart attack.

Did you know? Turkmenistan declared its independence on October 27, 1991, the day Niyazov took power. He instituted a Latin-based alphabet for his country as well as a personality cult based on himself, but kept the centrally planned economy from the Soviet era.

Total graded by PMG: As of mid-September 2025, the PMG Population Report includes 86 examples of Pick# 26.

PMG median grade: PMG 67 Superb Gem Uncirculated EPQ

PMG highest graded: Twenty-five examples are graded PMG 68 Superb Gem Uncirculated EPQ.

Sales highlights: Uncertified examples can be found on eBay for less than $5.

PMG Registry: This note is part of the sole Turkmenistan category in the PMG Registry: Turkmenistan Complete Set, where the first-place set, Bloc Galleries' Bloc Galleries -Turkmenistan Collection, has a Pick #18 graded PMG 66 Gem Uncirculated EPQ.

Previous Notes of the Month:

Articles List

Note of the Month: Turkmenistan 100 Manat

Stay Informed

Thanks!