Catalog
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| Issuer | Dette Publique Ottomane |
|---|---|
| Year | 1918 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 185 x 120 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | دولت عثمانية ١٣٢٣ A2404 LIVRES TURQUES |
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| Reverse lettering | ١٠٠٠ 1000 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 Sublime Porte defaulted on its foreign borrowings. By 1918 the empire was in its death throes, fighting on multiple fronts, and these high-denomination notes were issued under conditions of acute fiscal stress. That the debt administration rather than the Imperial Ottoman Bank served as issuer reflects the degree to which the empire's finances had been effectively colonized by its creditors decades earlier.
The 1918 series is known for ink adhesion problems on the cotton substrate, causing surface transfer in stacked storage — a condition issue specific to this emission that affects a notable proportion of surviving examples.