Bulgaria
Ferdinand I - Tsar of Bulgaria: 5 October 1908 - 3 October 1918
1910 Silver 50 Stotinki 18mm (2.49 grams) 0.835 silver (0.0667 oz. ASW)
Reference: KM# 27
ФЕРДИНАНДЪ I ЦАРЬ НА БЪЛГАРИТѢ ST.SCHWARTZ, Bust of Ferdinand I right.
50 CTOTИHKИ, Wreath.

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Ferdinand (Bulgarian: Фердинанд I; 26 February 1861 – 10 September 1948), born Ferdinand Maximilian Karl Leopold Maria of Saxe-Coburg and Gotha (Фердинанд Максимилиан Карл Леополд Мария Сакс-Кобург и Гота), was the second monarch of the Third Bulgarian State, firstly as ruling prince (knyaz) from 1887 to 1908, and later as king (tsar) from 1908 until his abdication in 1918. Under his rule Bulgaria entered the First World War on the side of the Central Powers in 1915.

On 5 October 1908 (celebrated on 22 September), Ferdinand proclaimed Bulgaria's de jure independence from the Ottoman Empire (though the country had been de facto independent since 1878). He also proclaimed Bulgaria a kingdom, and assumed the title of tsar—a deliberate nod to the rulers of the earlier Bulgarian states. However, while the title tsar was translated as "emperor" in the First and Second Bulgarian empires, it was translated as "king" under Ferdinand and his successors. The Bulgarian Declaration of Independence was proclaimed by him at the Holy Forty Martyrs Church in Tarnovo, and was recognized by Turkey and the other European powers. The Tarnovo Constitution was retained, with the word "prince" replaced by the word "tsar."

Ferdinand was known for being quite a character. On a visit to German Emperor Wilhelm II, his second cousin once removed, in 1909, Ferdinand was leaning out of a window of the New Palace in Potsdam when the Emperor came up behind him and slapped him on the bottom. Ferdinand was affronted by the gesture but the Kaiser arrogantly refused to apologize. Ferdinand however exacted his revenge by awarding a valuable arms contract he had intended to give to the Krupp's factory in Essen to French arms manufacturer Schneider-Creusot. Another incident occurred on his journey to the funeral of his second cousin King Edward VII of the United Kingdom in 1910. A tussle broke out over where his private railway carriage would be positioned in relation to the heir presumptive to the Austro-Hungarian throne, Archduke Franz Ferdinand. The Archduke won out, having his carriage positioned directly behind the engine. Ferdinand's was placed directly behind. Realising the dining car of the train was behind his own carriage, Ferdinand obtained his revenge on the Archduke by refusing him entry through his own carriage to the dining car. On 15 July the same year during a visit to Belgium, Ferdinand also became the first head of state to fly in an airplane. He awarded the pilot of the plane with a medal when they landed.

Bulgaria, officially the Republic of Bulgaria, is a country in Southeast Europe. It lies on the eastern flank of the Balkans, and is bordered by Romania to the north, Serbia and North Macedonia to the west, Greece and Turkey to the south, and the Black Sea to the east. Bulgaria covers a territory of 110,994 square kilometres (42,855 sq mi), and is the sixteenth-largest country in Europe. Sofia is the nation's capital and largest city; other major cities are Plovdiv, Varna and Burgas.

One of the earliest societies in the lands of modern-day Bulgaria was the Neolithic Karanovo culture, which dates back to 6,500 BC. In the 6th to 3rd century BC the region was a battleground for ancient Thracians, Persians, Celts and Macedonians; stability came when the Roman Empire conquered the region in AD 45. After the Roman state splintered, tribal invasions in the region resumed. Around the 6th century, these territories were settled by the early Slavs. Bulgars, a semi-nomadic people, invaded the Balkans in the late 7th century and founded the First Bulgarian Empire in AD 681. It dominated most of the Balkans and significantly influenced Slavic cultures by developing the Cyrillic script. The First Bulgarian Empire lasted until the early 11th century, when Byzantine emperor Basil II conquered and dismantled it. A successful Bulgarian revolt in 1185 established a Second Bulgarian Empire, which reached its apex under Ivan Asen II (1218–1241). After numerous exhausting wars and feudal strife, the empire disintegrated in 1396 and fell under Ottoman rule for nearly five centuries.

The Russo-Turkish War of 1877–78 resulted in the formation of the third and current Bulgarian state. Many ethnic Bulgarians were left outside the new nation's borders, which stoked irredentist sentiments that led to several conflicts with its neighbours and alliances with Germany in both world wars. In 1946 Bulgaria came under the Soviet-led Eastern Bloc and became a one-party socialist state. The ruling Communist Party gave up its monopoly on power after the revolutions of 1989 and allowed multiparty elections. Bulgaria then transitioned into a democracy and a market-based economy. Since adopting a democratic constitution in 1991, Bulgaria has been a unitary parliamentary republic composed of 28 provinces, with a high degree of political, administrative, and economic centralisation.

Bulgaria is a developing country, with an upper-middle-income economy, ranking 56th in the Human Development Index. Its market economy is part of the European Single Market and is largely based on services, followed by industry—especially machine building and mining—and agriculture. Widespread corruption is a major socioeconomic issue; Bulgaria ranked as the most corrupt country in the European Union in 2018. The country also faces a demographic crisis, with its population shrinking annually since around 1990; it currently numbers roughly seven million, down from a peak of nearly nine million in 1988. Bulgaria is a member of the European Union, NATO, the Council of Europe; it is also a founding member of the OSCE, and has taken a seat on the United Nations Security Council three times.