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Gold coins continued to be minted after the abolition of the gold standard, even into the 1920s, but their value far exceeded the value of the equivalent denominations in paper currency. The central Ottoman Bank first issued paper currency known as kaime in 1862, in the denomination of 200pt. The notes bore texts in Turkish and French.
Pages in category "Coins of the Ottoman Empire" The following 5 pages are in this category, out of 5 total. This list may not reflect recent changes. A. Akçe; K.
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The akçe or akça (also spelled akche, akcheh; Ottoman Turkish: آقچه; Turkish pronunciation:, , in Europe known as asper or aspre) was a silver coin which was the chief monetary unit of the Ottoman Empire and was once used by Aq Qoyunlu in the early period. [1]
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 kuruÅŸ, 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 kuruÅŸ.
The sultani (Ottoman Turkish: سلطاني) was an Ottoman gold coin. It was first minted in 1477–8 during the reign of Mehmed II (r. 1451–1481), following the Venetian ducat standard, [1] weighing about 3.45 grams (0.111 ozt). The sultani is the classic Ottoman gold coin also known generically as altın (آلتون, "gold").
In 1524, the Ottoman law code of Egypt referred to the Mamluk Egyptian coin medin as pare and set its value as 2 + 1 ⁄ 2 dirham. Since 1640 the value of para was settled relative to Ottoman currency, at 3 akçe. In the 16th and 17th centuries pare were minted in many parts of the empire, in Asia and north Africa. [3]
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.
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