TURKEY 5 kurush 1223 AH year 25 (1832 AD)


TURKEY, Mahmud II, 1808-39, 5 kurush, 1223 AH year 25 (1832 AD), billon, 39mm, 13.67g, KM599, VF

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Mahmud II was a dynamic modernizer. There had been a problem with the Janissary corps for more than a century. He finally got rid of them. European governing methods began to be introduced. The finances weren’t great, however, and the coinage was debased several times.

In the 17th century the Ottoman government decided it needed its own denominational currency to decrease the country’s dependence on foreign coins, which had to be bought, rather than made.

The earliest coins in the world were struck in Asia Minor, in modern Turkish territory. The Turks themselves arrived as nomads staring in the 9th centuriy AD. The Ottomans emerged as a dominant power in the 14th century. The Turkish Empire dissolved after World War I and a republic was established.

“Middle East” is, generally spealing, Morocco east to Afghanistan, Sudan in the south to Turkey in the north.

By “Modern World Coins” we mean here, generally, the round, flat, shiny metal objects that people have used for money and still do. “Modern,” though, varies by location. There was some other way they were doing their economies, and then they switched over to “modern coins,” then they went toward paper money, now we’re all going toward digital, a future in which kids look at a coin and say “What’s that?” We’ll say: “We used to use those to buy things.” Kids will ask “How?” The main catalog reference is the Standard Catalog of World Coins, to which the KM numbers refer.