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500 Kuruş Gold Bullion Coinage

Issuer Darphane-i Amire (Turkish State Mint)
Year 1942-1947
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Weight 36.08 g
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Obverse description At center, the inscription TÜRKİYE CUMHURİYETİ (Republic of Turkey) appears in two lines across the field, with the founding year 1923 displayed below and the regnal year denominator beneath a horizontal rule. The central device is encircled by a wreath composed of oak branches bearing acorns on the upper lateral portions and wheat ears at the base, the wreath tied at the lower point with a ribbon bow. A continuous beaded border frames the design along the inner rim.
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Reverse script Latin
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Additional information

Turkey's wartime gold bullion coinage was issued as the country walked a careful diplomatic tightrope between the Axis and the Allies — officially neutral, but under intense pressure from both sides. The 1942–1947 dating spans the full arc of that neutrality, including the period when Germany was Turkey's largest trading partner and when Allied missions in Ankara were lobbying hard for chrome ore export restrictions.

These pieces were struck by Darphane-i Amire less as circulating currency than as a vehicle for state gold holdings, partly in response to the wartime hoarding crisis that drove the catastrophic Varlık Vergisi wealth tax of 1942.

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