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1/2 Livre

Issuer Banque Impériale Ottomane
Year 1915
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Value 1/2 Livre
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Obverse description Red-brown note with a central ornate lobed cartouche set within an intricate guilloche border. The cartouche encloses Arabic text inscriptions with the Ottoman tughra alongside a crescent and star device at upper right. The date in Arabic numerals appears at left, and a serial number in Latin characters is positioned at lower centre.
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Reverse lettering ديون عمومية عثمانيه ادارەسى
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Comments

The Banque Impériale Ottomane had its notes printed in Leipzig by Giesecke & Devrient because wartime conditions had severed the usual arrangements with French and British security printers — an Ottoman bank with a Franco-British board of directors finding itself at war with both founding nations was an administrative absurdity the 1915 issues quietly reflect. German presses filled the gap.

The half-livre denomination was a practical concession to a population dealing with severe small-change shortages as metal coinage disappeared from circulation almost immediately after hostilities began.

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