Otoman Empire Coins
The monetary history of the Ottoman Empire is fascinating and reflects the political and economic changes of this powerful entity. From its founding in the 14th century until its dissolution in the 20th century, the Ottoman Empire used a variety of currencies and underwent major monetary reforms that left a significant mark on the numismatics of the region.
Ottoman coins and their evolution
The main currency of the Ottoman Empire was the akçe, a small silver coin introduced in the 14th century. Over time, other denominations such as the kuruş and the para were issued. In 1844, a major currency reform was carried out that introduced the Ottoman lira as the main monetary unit, divided into 100 kuruş. This reform sought to modernize and standardize the empire's monetary system, following the European decimal model.
Ottoman numismatic milestones
Among the most relevant milestones of Ottoman numismatics is the minting of the first gold coins during the reign of Mehmet II in the 15th century. Another significant event was the introduction of paper money in 1840, known as kaime. The Constantinople Mint, established in 1467, played a crucial role in the production of coins of the empire. In the last years of the Ottoman Empire, commemorative coins were issued that are highly valued by collectors today, such as those minted to celebrate the jubilee of Sultan Abdülhamid II in 1901.
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Otoman Empire is a country that does not exist today. It is now part of the Turkey coins.
The most valuable coins
The most valuable Otoman Empire coins and sought after by collectors according to Foronum statistics are the following:
The valuation of these coins has been achieved through a meticulous algorithm that considers the current market, taking into account aspects such as material, weight, diameter, edge, year of mintage, mint of manufacture and the number of coins produced. Coins with limited mintages and in good condition are usually among the most valuable.
Coin Catalog
1 Kuruş
20 para
10 kurus (Abdülaziz)
20 kurus
5 kuruş
20 para (Abdul Mejid I)
10 para
1 kuruş
5 para
10 para
20 para
10 para (Abdul Aziz)
2 kuruş (Abdul Hamid II)
20 para
5 para
10 para
40 para
5 para
40 Para
40 para (Abdulmejid I)
Other resources to find coins and banknotes of Otoman Empire
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