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10 Lira

Issuer Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey)
Year 1982
Type Standard circulation banknote
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Obverse lettering TÜRKİYE CUMHURİYET MERKEZ BANKASI
ON TÜRK LİRASI
14 OCAK 1970 TARİH VE 1211 SAYILI KANUNA GÖRE ÇIKARILMIŞTIR
BAŞKAN
BAŞKAN YARDIMCISI
TÜRKİYE CUMHURİYET MERKEZ BANKASI BANKNOT MATBAASI
(Translation: Central Bank of the Republic of Turkey, Ten Turkish Lira, Issued according to the law number 1211 of 14 January 1970, Governor, Deputy Governor)
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Reverse lettering TÜRKİYE CUMHURİYET MERKEZ BANKASI
ON-TÜRK LİRASI
(Translation: Central Bank of the Republic of Turkey, Ten Turkish Lira)
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Comments

Turkey's in-house printing operation, the Banknot Matbaası, had been producing notes since 1955, and by the early 1980s the facility was printing into a deteriorating monetary environment. Inflation through the late 1970s and early 1980s was severe enough that the 10 Lira denomination — still circulating as recently as the late 1970s as a meaningful unit — had become nearly worthless in everyday transactions by the time this issue was struck.

The 1982 series relied solely on a watermark for security. For a denomination already being eroded into irrelevance by triple-digit annual inflation rates, more sophisticated counterfeit deterrence was hardly a priority.

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