Turkey 100 Kurush Gold 1861-1875 Abdul Aziz

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  • Product ID: 8633
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  • Description:

    The Turkey 100 Kurush Gold coin, minted between 1861 and 1875 under the reign of Sultan Abdul Aziz, is a significant piece in the history of Ottoman coinage. This coin was part of the broader series of Ottoman currency, which had evolved over centuries, reflecting both the political power and the vast cultural heritage of the Ottoman Empire. The 100 Kurush coin is particularly notable for its large size, high gold content, and the era in which it was produced. During the mid-19th century, the Ottoman Empire was undergoing a period of reform and modernization, which included updates to its monetary system. The 100 Kurush Gold coin was part of this modernization effort and is a prime example of the aesthetic and technical standards of Ottoman minting at the time.

    The reign of Abdul Aziz, who ruled the Ottoman Empire from 1861 to 1876, was marked by efforts to modernize the empire and bring it in line with European powers. This was a time of significant social, political, and economic changes, with the introduction of new institutions, including a reformed military, a modernized legal system, and an updated currency. Abdul Aziz’s government undertook numerous reforms, including the introduction of new coinage with improved designs and standardized weight and purity. The 100 Kurush coin was part of this reform, and its issuance reflects the Sultan’s ambition to strengthen the empire’s financial standing and establish a more modern and consistent currency system.

    The 100 Kurush Gold coin is one of the most well-known and respected coins from Abdul Aziz’s reign. The coin is made from high-quality gold, ensuring its intrinsic value as a bullion coin. It weighs 33.5 grams (approximately 1.08 troy ounces) and has a diameter of 38mm, making it a substantial coin that is visually impressive as well as valuable in terms of its precious metal content. The coin was issued with a gold purity of 0.917, typical of many high-denomination Ottoman gold coins of the period. As a result, the 100 Kurush coin not only has historical and artistic value but also has intrinsic value based on its gold content, which appeals to collectors, investors, and numismatists alike.

    The design of the 100 Kurush Gold coin is both intricate and symbolic, reflecting the grandeur of the Ottoman Empire at its peak. The obverse of the coin features a detailed inscription in Arabic script, which includes the title of the Sultan, “Abdul Aziz Khan,” and the year of minting. The inscription is surrounded by an ornate calligraphic border that adds to the coin’s elegance. The reverse side of the coin is equally impressive, showcasing the Ottoman imperial emblem, which includes the sultan’s tughra, or official monogram, as well as an array of decorative motifs. The design of the 100 Kurush Gold coin is a perfect example of the fine artistry and attention to detail that Ottoman coinage was known for during this period. The tughra is a highly stylized signature used by Ottoman sultans, and its inclusion on the coin emphasizes the sovereignty and power of the reigning monarch.

    The minting of the 100 Kurush Gold coin was conducted at several different mints across the Ottoman Empire, with the most prominent mints being located in Istanbul and other major cities. These mints were responsible for producing high-quality coins that were used both domestically and in international trade. The Ottoman Empire, at the time, was a hub for trade between Europe, Asia, and Africa, and the 100 Kurush coin was an important part of this trade network. Coins from the reign of Abdul Aziz were highly regarded for their fine craftsmanship and the consistency of their weight and purity, which made them desirable in both local and international markets. The 100 Kurush Gold coin was therefore not just a domestic currency but also a symbol of the Ottoman Empire’s financial strength and its place in the global economy.

    The mintage of the 100 Kurush Gold coin varied throughout Abdul Aziz’s reign, with coins being struck in different years depending on the empire’s financial needs. The total mintage for each year is difficult to determine precisely, as historical records from the period are incomplete. However, it is believed that the coin was minted in relatively small quantities compared to other, smaller denominations, making it a rarer and more valuable piece. Coins from the early years of Abdul Aziz’s reign (1861–1865) are generally considered more scarce, as they were minted during a period of transition and reform. Later issues, from the mid- to late 1860s and early 1870s, are more commonly found, though they remain relatively rare due to their historical significance and the limited mintage. The rarity and historical context of these coins contribute to their high value in the numismatic market.

    The condition of the Turkey 100 Kurush Gold coin can vary significantly depending on how well it has been preserved over the years. Coins that are in uncirculated or near-mint condition are highly prized by collectors due to their rarity and the exceptional quality of their design. These coins are often characterized by sharp, detailed engravings, with minimal signs of wear or damage. However, due to the large size and gold content of the 100 Kurush coin, many examples have been circulated and show signs of wear, such as softening of the details, scratches, or oxidation. Coins in fine or very fine condition are still highly sought after, though they may not command the same premiums as coins in uncirculated or pristine condition. The condition of the coin, combined with its rarity, plays a critical role in determining its market value.

    For collectors, the 100 Kurush Gold coin is an essential piece in any collection of Ottoman or Middle Eastern numismatics. The coin represents a pivotal moment in the history of the Ottoman Empire, during a time when the empire was seeking to modernize and strengthen its financial system. The coin is also a testament to the skill and artistry of Ottoman engravers, who were known for producing coins that were not only functional currency but also beautiful works of art. For investors, the 100 Kurush Gold coin represents an opportunity to own a piece of gold with both historical and precious metal value. Its relatively high gold content, combined with its rarity and historical significance, makes it a valuable asset for anyone looking to diversify their holdings in physical gold.

    In addition to its intrinsic value as a gold coin, the 100 Kurush Gold coin also has great cultural significance. The inclusion of the Sultan’s tughra and the detailed calligraphy on the coin reflects the deep connection between the Ottoman monarchy and its currency. The coin serves as a reminder of the empire’s strength and influence during its peak, and it holds a special place in the hearts of those who appreciate Ottoman history and culture. As such, the 100 Kurush Gold coin is more than just a piece of currency—it is a symbol of an empire that, while no longer in existence, continues to captivate the imagination of historians and collectors alike.

    In conclusion, the Turkey 100 Kurush Gold coin, minted from 1861 to 1875 during the reign of Sultan Abdul Aziz, is a remarkable piece of numismatic history. The coin’s rich design, high gold content, and historical context make it a highly valued collectible and a significant investment for those interested in Ottoman and Middle Eastern numismatics. Its rarity, particularly in higher grades, ensures that it remains a sought-after item in the global numismatic market. Whether admired for its artistic beauty, its historical significance, or its precious metal content, the Turkey 100 Kurush Gold coin stands as a lasting reminder of the Ottoman Empire's financial and cultural legacy.

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