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2 1/2 Lira

Issuer Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey)
Year 1939
Type Standard circulation banknote
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Obverse lettering TÜRKİYE CÜMHURİYET MERKEZ BANKASI
2 1/2
İKİ BUÇUK TÜRK LİRASI
11 HAZİRAN 1930 TARİH VE 1715 NUMARALI KANUNA GÖRE ÇIKARILMIŞTIR
UMUM MÜDÜR UMUM MÜDÜR MUAVİNİ
(Translation: Central Bank of the Turkish Republic, Two and a Half Turkish Lira, Issued pursuant to Law No. 1715 dated 11 June 1930, General Manager, Deputy General Manager)
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Protection description Watermark area visible as a plain oval field on the reverse, consistent with a portrait or geometric watermark in the paper
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Comments

Turkey's pre-war relationship with Thomas De La Rue produced several low-denomination notes that were effectively stopgap issues, and this 2½ Lira is among the more awkward of them — fractional denominations in paper were never popular with the Turkish public, who preferred coin for small transactions. The 1939 date places it squarely in the period when the Merkez Bankası was still heavily dependent on foreign printers, having not yet developed domestic security printing capacity.

The 2½ Lira denomination was discontinued relatively quickly and not carried forward into the postwar series, making surviving circulated examples harder to find than the face value suggests.

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