Turkey 1962 250 kurush

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Künker sale 336, lot 6276

This specimen was lot 6276 in Künker sale 336 (Osnabruck, Germany, March 2020), where it sold for €750 (about US$982 including buyer's fees). The catalog description[1] noted,

"TÜRKEI, Republik seit 1923. 250 Piaster 1962, Konstantinopel (Istanbul). Luxusprägung. 16,08 g Feingold. GOLD. Vorzüglich-Stempelglanz. (republic of Turkey, 250 kurush of 1962, Istanbul mint, monnaie de luxe. Extremely fine to uncirculated.)"

This specimen is from a series of Turkish gold bullion coins called "monnaie de luxe." Issued since 1942 in denominations of 25, 50, 100, 250 and 500 kurush (or kuruş or qirsh), some bore regnal dates and others (like this one) bear Common Era dates. Most, such as this one, display the portrait of the father of Turkey, Kemal Ataturk; some bear the portrait of his chief lieutenant, Ismet Inonu. The style recalls the elaborate calligraphy found on old Ottoman gold coins.

Recorded mintage: 99,000.

Specification: 17.54 g, 0.917 fine gold.

Catalog reference: KM 873, Fr-209 (formerly Fr-95); Schl. 1037.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • [1]Künker Münzauktionen und Goldhandel, Catalog 336: Gold coins from all over the World|German Coins after 1871. Osnabrück: Fritz Rudolf Künker GmbH & Co., AG, 2020.

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