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25 Livres Turques

Uitgever Dette Publique Ottomane
Jaar 1917
Type Log in om details te zien
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In omloop tot Log in om details te zien
Referentie(s) P#105
Beschrijving voorzijde Printed in dark red and pink on an off-white ground, the obverse is framed by an elaborate interlaced geometric and floral guilloche border enclosing a central arched cartouche. Denomination numeral '25' occupies the upper-left and lower-left corners, with its Arabic equivalent '٢٥' at upper-right and lower-right. The central arch contains multiple lines of naskh-script Ottoman Turkish identifying the issuing authority and date, with two serial number impressions in block Latin characters flanking a central seal vignette in the lower field.
Opschrift voorzijde دیون عمومیه عثمانیه
٢٨ تشرین ١٣٣٣
E·016127
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
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Opmerkingen

The Dette Publique Ottomane — the Ottoman Public Debt Administration — was a European-controlled financial body established in 1881 after the empire defaulted on its foreign loans. By 1917, with the empire deep in World War I and the treasury effectively bankrupt, it was issuing paper currency under Ottoman authority but within an institutional framework originally designed to protect European creditors, not Ottoman subjects.

Wartime inflation savaged confidence in these notes almost immediately. The series circulated alongside German-backed treasury bills and competing local scrip, and purchasing power eroded faster than new denominations could be introduced.

MISSCHIEN OOK INTERESSANT