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50 Türk Lirası

Issuer Türkiye Cumhuriyet Merkez Bankası
Year 1930
Type Pattern or trial banknote
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Reverse lettering TÜRKİYE CÜMHURİYET MERKEZ BANKASI
50
TÜRK LİRASI
50 50 50 50 50 50 50
AMERICAN BANK NOTE COMPANY
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Protection type Watermark
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Comments

The Central Bank of the Turkish Republic was only founded in 1930 — the same year this note was issued — making the earliest series effectively the institution's inaugural emissions. The American Bank Note Company had deep experience printing for newly established governments, and Turkey's choice of a New York printer reflected both the prestige of ABNCo's work and a deliberate distancing from European printing houses associated with the Ottoman debt apparatus.

P#142A is among the scarcer early pieces from this first series; the bank's initial print runs were conservative, and redemption rates were high as the government steadily replaced them through the 1930s.