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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.
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.
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 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]
The coins are thousands of years old, the Netherlands' Cultural Heritage Agency said in a news release, and are a mix of Roman and British coins. Bunnik, the village where they were buried, was ...
In the late Ottoman Empire (Ottoman Turkish: درهم), the standard dirham was 3.207 g; [1] 400 dirhem equal one oka. The Ottoman dirham was based on the Sasanian drachm (in Middle Persian: 𐭦𐭥𐭦𐭭 drahm), which was itself based on the Greek dram/drachma. [2] In Egypt in 1895, it was equivalent to 47.661 troy grains (3.088 g). [3]