10 Para - Mahmud II type B

The Regency of Tripoli operated under nominal Ottoman suzerainty but by 1808 had been governed autonomously by the Karamanli dynasty for over a century. Coins issued under Mahmud II's name from Tripoli were a political formality as much as a monetary one — acknowledging the sultan's legitimacy while the Karamanlis ran their own fiscal affairs, including profits from Mediterranean corsair activity that the 1805 Treaty with the United States had only partially curtailed.