Reverse: Along the rim: "NATIONAL THEATER 'IVAN VAZOV' " and "100 YEARS ". In the center, a view of the National Theater building in Sofia, Bulgaria.

Obverse: Along the rim on top: "BULGARIAN NATIONAL BANK". In the center, the Bulgarian National Bank logo with the years 1879 and 2004 on the strip. Along the rim at the bottom, the year of issue and the face value.

The history of the National Theater of Bulgaria goes back to 1904 when the “Sulza i Smyah” (”Tears and Laughter”) theatrical troupe changed its name to the “Bulgarian National Theater”. The theater officially opened in January 1907. Located in the capital city of Sofia, it is the oldest theater in Bulgaria and one of the most important landmarks. The theater was later renamed in honor of the distinguished Bulgarian writer Ivan Vazov.