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!

2 Medjidies d'Or

Issuer Banque Impériale Ottomane
Year 1863
Type Log in to see details
Value 2 Medjidies D`Or
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 BANQUE IMPERIALE OTTOMANE
Remboursable à CONSTANTINOPLE
2 MEDJIDIES D'OR
ANNULÉ
Reverse description Log in to see details
Reverse lettering Remboursable à CONSTANTINOPLE
2 MEDJIDIES D'OR
Signature(s) Log in to see details
Protection type Log in to see details
Protection description Log in to see details
Variants Log in to see details
Comments

The Banque Impériale Ottomane was established by Anglo-French capital in 1863 — the same year this note was issued — and immediately granted the exclusive right to issue banknotes across Ottoman territories. It was a foreign-controlled central bank functioning inside a sovereign empire, a structural tension that shadowed the institution for its entire existence.

The medjidieh d'or was a gold-based unit of account rather than a circulating coin denomination, which made paper denominated in it difficult for much of the Ottoman public to value intuitively. Early acceptance of BIO notes outside Istanbul and Smyrna was poor.

YOU MAY ALSO LIKE