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Zolota - Mustafa III Islambol mint

Issuer Ottoman Empire
Year 1758
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Reference(s) KM#316
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Obverse script Arabic
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Reverse description The reverse field is filled entirely with a multi-line Arabic calligraphic inscription in bold thuluth script proclaiming the sultan's imperial titles: 'Sultan of the two lands and Emperor of the two seas, the Sultan son of [regnal number] the Sultan.' The regnal accession number appears as a numeral within the field legend. As on the obverse, the design is bounded by a plain inner circle and a continuous outer beaded border. No figurative motifs are employed, adhering strictly to the aniconic tradition of Ottoman coinage. The deeply incised lettering fills the field in a monumental and highly stylized manner.
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Additional information

Mustafa III came to power in 1757 inheriting a treasury gutted by decades of costly warfare and the financially ruinous peace settlements that followed. The zolota — itself a borrowing from the Polish złoty, reflecting how deeply Levantine trade with Eastern Europe had shaped Ottoman monetary vocabulary — was a denomination perpetually caught between the empire's aspirations and its debased coinage reality. The .465 fineness here is not a minting anomaly but deliberate policy: systematic debasement was one of the few tools the Porte had left for generating short-term fiscal relief.

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