Catalog
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| Issuer | Republic of Turkey |
|---|---|
| Year | 1927 |
| Type | Log in to see details |
| Value | 50 Lira (50 TRL) |
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| Composition | Log in to see details |
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| Obverse description | The obverse is printed in brown tones and carries an intaglio portrait of Mustafa Kemal Atatürk in a circular vignette at the right, facing three-quarters left. The centre is occupied by an elaborate ornamental panel with radiating guilloche work and Ottoman-script text, flanked by an oval watermark window at the left. The denomination '50 LIVRES TURQUES' appears at the upper left alongside the series designation, with Arabic-script numerals and legends distributed across the note within a border of fine geometric ornament. |
|---|---|
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| Protection type | Watermark |
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| Comments |
Turkey's first post-Ottoman paper money series, issued under Law 701 of 1925, was entirely dependent on Thomas De La Rue for production — the young Republic had no domestic printing capacity capable of meeting security standards. This 50 Lira note belongs to that inaugural series, sometimes called the "First Emission" of the Turkish Republic, and represents the state's earliest attempt to assert a distinct monetary identity separate from the Ottoman Bank issues that had preceded it.
The series is notably scarce in any condition. High denominations like this 50 Lira circulated in small numbers and were disproportionately destroyed through normal banking redemption.