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Akçe - Murad I

Issuer Ottoman Imperial Mint
Year 1362-1389
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Value 1 Akce
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Reverse lettering لا اله الا الله محمد رسول الله
(Translation: There is no god but God, Muhammad is the Messenger of God)
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Mintage ND (1362-1389)
Additional information

Murad I's akçe established the coin as the Ottoman Empire's primary unit of account at the very moment the state was ceasing to be a frontier principality and becoming a regional power. The Janissary corps — salaried in akçe — was institutionalized under Murad, making this coin the literal mechanism by which the new standing army was paid. Minting operations during his reign were decentralized, with output from Edirne becoming significant after he made it his capital following its capture around 1369.