Turkey AH 1223(24) 10 para

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Stack's Bowers November 2022 Collectors Choice sale, lot 75752
SB1122-75752r.jpg

This specimen was lot 75752 in Stack's Bowers Collectors Choice sale (Costa Mesa, CA, November 2022), where it sold for $144. The catalog description[1] noted, "TURKEY. 10 Para, AH 1223 Year 24 (1823). Constantinople Mint. Mahmud II. NGC MS-65. Pristine surfaces demonstrate near complete brilliance, while the devices are accented by touches of slight gray tone, attesting to this example's originality. The slightly uncentered strike, a characteristic of the issue, reveals how deeply the denticles oscillate into the flan. Perfect for experienced Ottoman collectors." This type of years 22-25 is from Mahmud's eighth issue. The ten para of the first issue weighed 2.8-3.2 grams. In general, thirty para made a zolota and forty para made a kuruş, altho frequent devaluations made a hash of the system. The frequent debasements, the result of military defeats at the hands of Russia, deranged the economy.

Recorded mintage: unknown.

Specification: 0.80 g, 0.220 fine silver, 17 mm diameter.

Catalog reference: KM-587.

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, Istanbul: Mas Matbaacilik A.S., 2007.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The November 2022 Collectors Choice Ancient & World Coins Auction, Featuring the Pat Johnson Collection, Costa Mesa, CA: Stack's Bowers LLC, 2022.

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