Mustafa III died in January 1774, meaning this 1187 AH issue — struck in the final year of his reign — came just months before his death and the accession of Abdülhamid I. His reign had been defined by catastrophic military failure against Russia, culminating in the Treaty of Küçük Kaynarca, which Mustafa did not live to see ratified. The manghir, already a debased and marginal denomination by this period, circulated almost exclusively among the urban poor.
Mustafa III died in January 1774, meaning this 1187 AH issue — struck in the final year of his reign — came just months before his death and the accession of Abdülhamid I. His reign had been defined by catastrophic military failure against Russia, culminating in the Treaty of Küçük Kaynarca, which Mustafa did not live to see ratified. The manghir, already a debased and marginal denomination by this period, circulated almost exclusively among the urban poor.