Turkey AH1223(21) hayriye altin

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Sincona sale 11, lot 3416

This specimen was lot 3416 in Sincona sale 11 (Zürich, May 2013), where it sold for 200 CHF (about US$248 including buyer's fees). The catalog description[1] noted,

"TÜRKEI Mahmud II. 1808-1839. 1 Hayriye Altin 1827. Vorzüglich. (Turkey, Mahmud II, 1808-39, hayriye altin of 1827, extremely fine.)"

This specimen is from a series struck in Istanbul during the reign of Sultan Mahmud II (r. 1808-39). Ottoman coins were dated using regnal years; the reverse bears the date AH 1223 (= 1808 A.D.) and the regnal year 21 (AH 1243 = July 1827-July 1828). The Hejira calendar uses a lunar year instead of a solar year, so its starting date moves from year to year. This type was issued years 21-26 (1827-32). The gold was the victim of frequent manipulation and the denominations changed names in a confusing manner. The SCWC lists zeri mahbubs, rumi altins, adli altins, yeni altins and hayriye altins for this period. Matters were regularized in the reign of Abdul Mejid, with gold coins issued in multiples of the kuruş.

Recorded mintage: unknown.

Specification: 1.73 g, gold, this specimen 1.75 g.

Catalog reference: Fr-106, Schl. 252. KM 638.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Uslu, Kaan, Beyazit, M. Fatih, and Kara, Tuncay, Ottoman Empire Coins 1687-1839 (AH 1099-1255), Istanbul: Anka Matbaacilik, 2010.
  • 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]Numismatic Coins, Medals & Banknotes, Auction 11, Zürich: Sincona AG, 2013.

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