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100 Kurush
| Issuer | Hazine-i Devlet (Ottoman State Treasury) |
|---|---|
| Year | 1861 |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#38 |
| Obverse description | Green and cream note with an elaborate Ottoman calligraphic layout within a decorative foliate border. The Imperial tughra appears at the top centre, flanked by the numeral 100 in each upper corner. Four lines of bold Ottoman Turkish script occupy the central field, stating the note's denomination and authority, with a circular seal bearing the legend 'Devlet-i Aliyye' at the bottom centre. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain cream ground with a light paisley-pattern underprint. A central text panel in Ottoman Turkish script is enclosed within a symmetrical wreath of laurel and olive branches tied with a ribbon at the base. Below the wreath sits a circular green seal. The corners carry faint arabesque ornaments and partial numeral impressions. |
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| Comments |
The Hazine-i Devlet notes of the 1860s emerged from a period of acute fiscal strain — the Ottoman state had borrowed heavily to finance the Crimean War and was servicing foreign debt at ruinous terms. These treasury instruments were not conventional banknotes in the central-bank sense but state paper obligations, convertible in theory, increasingly dubious in practice.
P#38 is among the larger-denomination kaime issues and carries both Ottoman script and a tughra authorization. Forgery was a persistent problem with this series; the Porte eventually had to issue public warnings and circulate authentication guides to provincial governors.