100 Türk Lirası

The Türkiye Cumhuriyet Merkez Bankası was itself only established in 1930, the same year this note was issued — the bank's printing facility in Ankara came online as a deliberate act of economic self-sufficiency, ending dependence on foreign presses that had supplied Ottoman and early Republican currency. Printing domestically from the outset was a political priority, not a logistical convenience.

P#177 is among the earliest emissions from that Ankara facility, and surviving examples in any decent state are genuinely uncommon — early domestic production runs had inconsistent paper quality that has not aged well.