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Aluminium-bronze 1 ⁄ 4 kr. coins were issued between 1940 and 1942, the last coins to bear this denomination. Nickel-brass replaced silver in the 25kr. in 1944, with brass 1kr., 2 + 1 ⁄ 2 kr., 5kr., 10kr. and 25kr. introduced between 1947 and 1949. The silver 50kr. and TL 1 were discontinued in 1948, with cupro-nickel TL 1 issued in 1957.
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.
The name akçe originally referred to a silver coin but later the meaning changed and it became a synonym for money. The mint in Novo Brdo, a fortified mining town in the Serbian Despotate rich with gold and silver mines, began to strike akçe in 1441 when it was captured by the Ottoman forces for the first time. [5]
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.
Gold coins buried in a small pot and dated to the fifth century B.C. were discovered in modern-day Turkey. Archaeologists believe that the coins—based on their location underneath a Helensitic ...
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.
The excavation of an ancient Greek city in Turkey uncovered a stash of gold coins from about 2,500 years ago. The find offers a glimpse into a conflict-ridden time.
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.
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