Kopiika: coin of Ukraine (1992-...); 1/100 hryvnia


50 kopiiok, 1992: Ukraine

50 kopiiok (копійок), 1992: Ukraine

50 КОПІЙОК: 50 kopiiok (1 — "kopiika", but 2 — "kopiiky" and 50 — "kopiiok").

Stylized wreath of viburnum leaves and berries.

УКРАЇНА: Ukraine.

Small state coat of arms of Ukraine — the Trident, framed on both sides by an ornament of two oak leaves and two ears.

Engraver: Vasyl Ivanovych Lopata (Ukrainian artist and prose writer).

Luhansk Cartridge Factory, Ukraine.

Mintage: 316.000.000.

  • Brass: 23 mm - 4.2 g
  • Reference price: 0.2$
50 kopiiok 1992... Despite the rather simple, minimalistic design and the extreme prevalence of this coin for mass use, among Ukrainian numismatists it is considered the most interesting of all circulating coins. The fact is that this particular coin has relatively many types, varieties, defects, even fakes (in the photo is the simplest type of 50 kopiiok 1992: with 5 dots /berries of viburnum/ near the last letter "K" and with 16 grooves in each reeded segment). Thus, 50 kopiiok of 1992 is an interesting object for collecting.

COIN KOPIIKA — WHERE & WHEN (coins catalog: by names & emitents)
  1. UKRAINE (1992-...): kopiika = 1/100 hryvnia

About the name of the coin kopiika (plural — kopiiok): the modern Ukrainian kopiika is essentially a local descendant of the old Russian coin kopeck (kopeyka). The fact is that for the past 4 centuries, most of the Ukrainian lands were either under oppression or under the significant influence of neighboring Russia. Therefore, the Russian (later Soviet) kopeck was used as a currency in Ukraine for a long time.
In 1991, Ukraine finally gained independence from its northern neighbor. The question arose of choosing the national currency and its exchange coin. The hryvnia was chosen as the main monetary unit — an absolutely successful and logical decision (that's what the monetary unit of Kyivan Rus as the cradle of the Ukrainian people was called). However, calling a unit of exchange kopiika was a somewhat ambiguous decision, because it is the currency of the invader. The only justification for this choice is the fact that this name has become familiar to the local population. After all, since ancient times, Ukrainians have used coins in their everyday life with denominations such as "копѣйка" (Russian Empire), "копейка" (Soviet Union), "копійка" (independent Ukraine).