Catalog
250 000 Lira
| Issuer | Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey) |
|---|---|
| Year | 1992-1998 |
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| Reference(s) | P#207 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TÜRKİYE CÜMHURİYET MERKEZ BANKASI İKİYÜZELLİ BİN 250000 TÜRK LİRASI 14 OCAK 1970 TARİH VE 1211 SAYILI KANUNA GÖRE ÇIKARILMIŞTIR (Translation: Central Bank of the Republic of Turkey, Two Hundred and Fifty Thousand Turkish Lira, Issued according to the law number 1211 of 14 January 1970) |
| Reverse description | A panoramic intaglio vignette of the medieval Red Tower (Kızıl Kule) in Alanya, rendered in blue-grey tones, with the surrounding harbour walls, sea and palm trees visible in the composition. The denomination 250000 appears in large numerals at lower left, with a decorative guilloche border panel along the right margin. The caption 'KIZILKULE - ALANYA' is inscribed beneath the central vignette. |
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| Comments |
Turkey's inflation through the 1990s was severe enough that a 250,000 Lira note, once an extraordinary sum, became routine pocket change before the decade closed. The Central Bank's own printing facility in Ankara — established in 1955 to reduce dependence on foreign printers — produced the entire P#207 series domestically, a point of some institutional pride during a period when the currency was losing value faster than new denominations could be absorbed by the public.
By 2001, six-zero denominations like this were rendered obsolete by crisis; the eventual 2005 redenomination stripped six zeros from the Lira entirely.