The Third Emission series, to which this note belongs, was produced for the Central Bank of Turkey by De La Rue during a period of significant monetary pressure — Turkey's postwar inflation had badly eroded public confidence in the lira, and the government was attempting to stabilize both the currency and its image. De La Rue held the Turkish banknote contract through much of the mid-twentieth century, and the consistency of their production quality across successive Turkish emissions is well documented.
The "Green reverse" designation distinguishes this from the earlier red-reverse variant of the same denomination and pick series, both circulating concurrently — an unusual situation that occasionally creates attribution confusion in collections.
The Third Emission series, to which this note belongs, was produced for the Central Bank of Turkey by De La Rue during a period of significant monetary pressure — Turkey's postwar inflation had badly eroded public confidence in the lira, and the government was attempting to stabilize both the currency and its image. De La Rue held the Turkish banknote contract through much of the mid-twentieth century, and the consistency of their production quality across successive Turkish emissions is well documented.
The "Green reverse" designation distinguishes this from the earlier red-reverse variant of the same denomination and pick series, both circulating concurrently — an unusual situation that occasionally creates attribution confusion in collections.