10 Türk Lirası

The Türkiye Cumhuriyet Merkez Bankası was established in 1930, the same year this note was issued, making the earliest dated examples from the bank's first operational period. The institution had been created specifically to remove currency issuance from the Ottoman-era Osmanlı Bankası, a foreign-controlled concession that had held that privilege since 1863. Printing in-house at Ankara rather than contracting a European security printer was a deliberate political choice, not a logistical one.

The early Ankara presswork is notably cruder than contemporary European-printed Turkish notes, and the watermark security on this series is considered relatively easy to replicate by later standards.