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10 Livres Turques

Issuer Dette Publique Ottomane
Year 1918
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Currency Livre turque (1844-1927)
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Obverse description Olive-brown note with an intricate geometric guilloche border framing the entire face. Two large six-pointed star vignettes flank the central field, within which the denomination numeral '10' appears at left and right in bold letterpress. The centre carries multi-line Arabic/Ottoman calligraphic inscriptions giving the issuer name and date, surmounted by the Ottoman tughra seal at the top. Two circular guilloche rosettes bearing the numeral '10' are positioned at the lower centre, with a manuscript signature below and a further Ottoman legend along the bottom margin.
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Reverse lettering 10
بو ورقه یه وان نقده بنك فانسریلری و سنه قروض و یسه لرین
10
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Comments

The Dette Publique Ottomane — the Ottoman Public Debt Administration — was a European-controlled supervisory body established following the empire's 1881 default, and its banknote-issuing role during the First World War reflects just how strained the imperial treasury had become. By 1918 the Ottoman economy was in serious difficulty: military expenditure had far outpaced revenue, and the German alliance had not delivered the financial relief Constantinople needed.

Paper quality on surviving examples of this series is frequently poor, a consequence of wartime import disruptions affecting printing supplies. The armistice came in October 1918, and notes issued that year had an exceptionally short window of legitimate circulation before the postwar settlement began dismantling the empire's financial institutions entirely.

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