See full images - free registration
Continue with Google - no registration! or register with email

Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!

1000 Kurush

Issuer Hazine-i Amire (Ottoman Imperial Treasury)
Year 1840
Type Standard circulation banknote
Value Log in to see details
Currency Log in to see details
Composition Log in to see details
Size Log in to see details
Shape Log in to see details
Printer Log in to see details
Designer(s) Log in to see details
Engraver(s) Log in to see details
In circulation to Log in to see details
Reference(s) Log in to see details
Obverse description Log in to see details
Obverse lettering Log in to see details
Reverse description Log in to see details
Reverse lettering Log in to see details
Signature(s) Log in to see details
Protection type Seal
Protection description Multiple hand-applied impressed official seals serving as authentication devices, including the imperial tughra seal and ministerial seals
Variants Log in to see details
Comments

The 1840 Ottoman paper money issue — kaime-i mutebere-i nakdiye — was introduced under Sultan Mahmud II as an emergency fiscal measure to fund the military after the disastrous war with Egypt's Muhammad Ali. These were not banknotes in any conventional sense: they bore no serial numbers, were handwritten in part, and paid interest at eight percent, functioning more like short-term treasury bonds forced into circulation than currency proper.

The public received them with deep suspicion, and counterfeiting was a problem almost immediately. The absence of mechanical printing and standardized security made the series acutely vulnerable from the start.

YOU MAY ALSO LIKE