Catalog
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| Issuer | Dette Publique Ottomane |
|---|---|
| Year | 1918 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Executed in olive-green and brown, the reverse is structured around a dense geometric and arabesque guilloche pattern forming the outer border and corner ornaments. The central panel carries multiple lines of Ottoman Arabic-script text setting out the legal tender conditions, enclosed within a decorative frame. The denomination '1000' appears in Western numerals at both the top and bottom of the composition, with 'LIVRES TURQUES' inscribed vertically along the left margin and a circular calligraphic medallion at the right. |
| Reverse lettering | ١٠٠٠ 1.000 LIVRES TURQUES |
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| Comments |
The Dette Publique Ottomane — the Ottoman Public Debt Administration — was a European-controlled body established in 1881 after the empire's catastrophic 1875 default, giving foreign creditors direct authority over Ottoman revenue streams. That this institution was issuing currency by 1918 reflects how completely the empire's financial infrastructure had collapsed under the weight of four years of war. The OPDA stepped in where the central treasury could not function.
P#115 is among the highest denominations of this emergency series. By the time these notes circulated, Ottoman paper had suffered severe depreciation — the 1,000 livre face value represented a nominal sum that purchasing power had largely hollowed out.