The Altilik was a casualty of the Tanzimat reforms. Abdülmecid I's accession in 1839 coincided almost exactly with the promulgation of the Hatt-ı Şerif of Gülhane, which among its broader administrative overhauls triggered an attempt to rationalize the chaotic Ottoman monetary system — one that had been debased so aggressively across the late eighteenth and early nineteenth centuries that public confidence in billon coinage had largely collapsed. This issue dates to the window just before the 1844 currency reform, which introduced the kuruş on a fixed silver standard and rendered transitional types like this one obsolete almost immediately upon striking.
The Altilik was a casualty of the Tanzimat reforms. Abdülmecid I's accession in 1839 coincided almost exactly with the promulgation of the Hatt-ı Şerif of Gülhane, which among its broader administrative overhauls triggered an attempt to rationalize the chaotic Ottoman monetary system — one that had been debased so aggressively across the late eighteenth and early nineteenth centuries that public confidence in billon coinage had largely collapsed. This issue dates to the window just before the 1844 currency reform, which introduced the kuruş on a fixed silver standard and rendered transitional types like this one obsolete almost immediately upon striking.