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From 1 January 2009, the "new" was removed from the second Turkish lira, its official name in Turkey becoming just "Turkish lira" again; new coins without the word "yeni" were introduced in denominations of 1kr., 5kr., 10kr., 25kr., 50kr. and TL 1. Also, the inner and outer alloys of the 50kr. and TL 1 coins were reversed.
From 1 January 2009, the prefix "new" was removed from the second Turkish lira, its official name in Turkey becoming "Turkish lira" again; [57] new coins without the word "yeni" were introduced in denominations of 1kr., 5kr., 10kr., 25kr., 50kr. and ₺1. Also, the center and ring alloys of the 50kr. and ₺1 coins were reversed.
The Turkish State Mint (Turkish: Darphane) is a state-owned mint situated in Istanbul that is responsible for minting the coinage of Turkey.Originally founded in 1467, the mint replaced the Constantinople Mint as the largest mint of the Ottoman Empire to become its successor.
At the beginning of the 19th century, silver coins were in circulation for 1 akçe, 1, 5, 10 and 20 para, 1, 2 and 2 + 1 ⁄ 2 kuruş, together with gold coins denominated in zeri mahbub (3,5 kurush) and altin. As the silver coins were debased, other denominations appeared: 30 para, 1 + 1 ⁄ 2, 3, 5 and 6 kuruş.
Mints designed for the manufacture of coins have been commonplace since coined currency was first developed around 600 BC by the Lydian people of modern-day Turkey. The popularity of coins spread across the Mediterranean so that by the 6th century BC nearby regions of Athens, Aegina, Corinth and Persia had all developed their own coins.
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TND, whose main purpose is to develop coin collecting in Turkey and to take initiative in all kinds of organizations and activities in this direction, has so far published 42 bulletins and 10 special bulletins and hosted many conferences and seminars. People such as Cüneyt Ölçer, Sevgi Gönül served as the chairman.
World War I saw Turkey effectively depart from the gold standard with the gold lira being worth about LT 9 in paper money by the early 1920s. Between 1844 and 1855, coins were introduced in denominations of 1p, 5p, 10p, 20p, 1 ⁄ 2 pt, 1pt, 2pt, 5pt, 10pt, 20pt and LT 1 ⁄ 4 , LT 1 ⁄ 2 , LT 1, LT 2 + 1 ⁄ 2 and LT 5.