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60 Para - Mahmud II Kostantiniyye mint
| Issuer | Ottoman Empire |
|---|---|
| Year | 1823-1828 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Log in to see details |
| Reverse script | Arabic |
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| Edge | Reeded |
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| Additional information |
The 60 Para denomination was introduced under Mahmud II as part of a broader currency reorganization following decades of debasement that had reduced the Ottoman silver coinage to near-worthless fractions. By the 1820s the empire was simultaneously fighting the Greek War of Independence and managing the political fallout of the Janissary abolition in 1826 — the Vaka-i Hayriye — which freed up treasury resources previously consumed by a military caste that had become more political liability than fighting force.
The .600 fineness reflects a compromise between fiscal reality and maintaining credibility in Levantine trade circuits, where merchants routinely tested coin silver by touch and assay.