250 Kuruş

Turkey's gold coinage of 1926–1929 was minted under the newly established Republic, which had abolished the Ottoman sultanate just three years earlier in 1923. Atatürk's government needed a credible national currency to signal fiscal modernity to European powers and attract foreign investment — gold coinage at high fineness was a deliberate political instrument, not merely a monetary one.

KM#843 corresponds to the first standardized Republican gold series, struck at Istanbul. The brief four-year window closed as Turkey shifted economic priorities ahead of the Great Depression.