Catalog
25 Livres
| Issuer | Ottoman Imperial Treasury (Hazine-i Maliye) |
|---|---|
| Year | 1918 |
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| In circulation to | Log in to see details |
| Reference(s) | P#111 |
| Obverse description | The toughra of Sultan Mehmed VI appears within an elaborate arched cartouche at upper centre, surmounted by an ornate Ottoman calligraphic heading. The face bears dense Arabic-script inscriptions in two principal text blocks, with the denomination numeral '25' printed in the upper left corner and in a star-shaped vignette at lower left. The overall design is framed by an intricate geometric and floral guilloche border in green and brown tones, with the serial number printed in red at centre. |
|---|---|
| Obverse lettering | دولت عثمانية |
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| Comments |
Issued in the final year of the First World War, this note belongs to the last emission of Ottoman paper currency before the empire's collapse. The Reichsdruckerei in Berlin handled much of the later Ottoman wartime printing — a direct consequence of the German-Ottoman alliance, which gave the Porte access to superior European intaglio production at a moment when the imperial treasury was chronically insolvent and unable to sustain domestic printing infrastructure.
Rapid depreciation had already set in well before 1918. By the Armistice, public confidence in Hazine-i Maliye paper had effectively collapsed, and redemption was a political fiction rather than a financial reality.