Turkey AH 1327(1) 500 kurush

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Stack's Bowers 2022 ANA sale, lot 30734
SB822-30734r.jpg

This specimen was lot 30734 in Stack's Bowers ANA sale (Chicago, August 2022), where it sold for $3,240. The catalog description[1] noted, "TURKEY. Ottoman Empire. 500 Kurush, AH 1327 Year 1 (1909). Constantinople Mint. Muhammad V. PCGS AU-58. An incredibly attractive example of an uncommon type, this piece displays much brilliance and a strong strike with very little evidence of wearing. Some marking is seen on the surfaces, perhaps making the grade. Additionally, some evidence of flatness on the rim and edge suggests this piece may have been used in jewelry in the past, as is common on these types." This specimen is from a series struck in Istanbul during the reign of Sultan Muhammed V (r. 1909-18). This denomination was introduced during the rule of Sultan Abdul Mejid (r. 1839-61). Ottoman coins were dated using regnal years; the reverse bears the date AH 1327 (= 1909 A.D.) while the obverse bears the regnal year 1. 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 AH 1327-1333 (1908-14); the SCWC prices them all the same. The last gold 500 kurush of this size was issued in 1929, under Ataturk's Republic.

Recorded mintage: 39,028.

Specification: 36.08 g, 0.917 fine gold.

Catalog reference: Fr-152 (formerly Fr-50); KM-758.

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.
  • 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 2022 ANA Auction - Ancients & World Coins - Featuring The Salton Collection Part III, the Augustana Collection and the Robert C. Knepper Collection, Costa Mesa, CA: Stack's Bowers LLC, 2022.

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