1 Piastre - Edward VII

Cyprus came under British administration in 1878 as part of a convention with the Ottoman Empire, though it remained nominally Ottoman territory until 1914 — meaning Edward VII coins struck for the island carried the authority of a king administering land he did not technically own. The piastre denominations continued a currency system inherited directly from Ottoman circulation, retaining the name rather than converting to a purely British framework.

The 1908 date places this among the final issues of the Edward VII Cyprus series, which ran only from 1902 until his death in 1910.