25 Qirsh - Abdulaziz

This piece belongs to the early coinage of Abdülaziz's reign, which began in 1861 following the death of Abdülmecid I. Egypt at this point was nominally an Ottoman province under Khedive Said Pasha, and its gold coinage carried Ottoman regnal years while functioning within a local monetary system increasingly shaped by European creditors. The Cairo mint was producing fractional gold denominations for a market where silver and billon dominated everyday commerce — these smaller gold pieces circulated primarily among merchants and officials.

KM#261 is tied to the first regnal year of Abdülaziz, making it among the earliest issues of a reign that would last until 1876.