Difference between revisions of "Turkey 2002 10000000 lira KM-1170"
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| − | This specimen was lot 75810 in Stack's Bowers Collectors Choice Online Auction (Costa Mesa, CA, May 2025), where it sold for $105. The catalog description<sup>[1]</sup> noted, "[[Turkey|TURKEY]]. 10000000 Lira, 2002. Istanbul Mint. PCGS PROOF-63 Deep Cameo." The extremely high denomination of this NCLT is a result of the worthlessness of the Turkish lira. Until 1960, US$1 = 2.8 lira, then US$1 = 9 lira until 1970, then by 2001, US$1 = 1,250,000. The slide was arrested briefly in 2005, when a new lira was introduced (1 new lira = 1,000,00 old lira) but resumed in 2018. At present (July 2025), US$1 = 40.5 lira. Wikipedia comments, "Jalāl al-Dīn Muḥammad Rūmī (Persian: جلالالدین محمّد رومی), or simply Rumi (30 September 1207 – 17 December 1273), was a 13th-century poet, Hanafi faqih (jurist), Maturidi theologian and Sufi mystic born during the Khwarazmian Empire." | + | This specimen was lot 75810 in Stack's Bowers Collectors Choice Online Auction (Costa Mesa, CA, May 2025), where it sold for $105. The catalog description<sup>[1]</sup> noted, "[[Turkey|TURKEY]]. 10000000 Lira, 2002. Istanbul Mint. PCGS PROOF-63 Deep Cameo." The extremely high denomination of this NCLT is a result of the worthlessness of the Turkish lira. Until 1960, US$1 = 2.8 lira, then US$1 = 9 lira until 1970, then by 2001, US$1 = 1,250,000. The slide was arrested briefly in 2005, when a new lira was introduced (1 new lira = 1,000,00 old lira) but resumed in 2018. At present (July 2025), US$1 = 40.5 lira. Wikipedia comments, "Jalāl al-Dīn Muḥammad Rūmī (Persian: جلالالدین محمّد رومی), or simply Rumi (30 September 1207 – 17 December 1273), was a 13th-century poet, Hanafi faqih (jurist), Maturidi theologian and Sufi mystic born during the Khwarazmian Empire." Rumi was previously honored with Turkish commemoratives in 1978 ([[Turkey 1978 1000 lira KM-923|Fr-226]] and [[Turkey 1978 500 lira KM-921|Fr-227]]). |
''Recorded mintage'': unknown. | ''Recorded mintage'': unknown. | ||
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''Link to:'' | ''Link to:'' | ||
| + | * [[Turkey 1978 500 lira KM-921|1978 500 lira, death of Rumi]] | ||
| + | * [[Turkey 1978 1000 lira KM-923|1978 1000 lira, death of Rumi]] | ||
* [[Turkey 2001 50000000 lira Fr-275|2001 50,000,000 lira, golden eagle]] | * [[Turkey 2001 50000000 lira Fr-275|2001 50,000,000 lira, golden eagle]] | ||
* [[Coins and currency dated 2002]] | * [[Coins and currency dated 2002]] | ||
[[Category:Selections from the Stack's Bowers 2025 Collectors Choice sale]][[Category: Silver crowns of Asia]] | [[Category:Selections from the Stack's Bowers 2025 Collectors Choice sale]][[Category: Silver crowns of Asia]] | ||
Revision as of 08:44, 23 July 2025
This specimen was lot 75810 in Stack's Bowers Collectors Choice Online Auction (Costa Mesa, CA, May 2025), where it sold for $105. The catalog description[1] noted, "TURKEY. 10000000 Lira, 2002. Istanbul Mint. PCGS PROOF-63 Deep Cameo." The extremely high denomination of this NCLT is a result of the worthlessness of the Turkish lira. Until 1960, US$1 = 2.8 lira, then US$1 = 9 lira until 1970, then by 2001, US$1 = 1,250,000. The slide was arrested briefly in 2005, when a new lira was introduced (1 new lira = 1,000,00 old lira) but resumed in 2018. At present (July 2025), US$1 = 40.5 lira. Wikipedia comments, "Jalāl al-Dīn Muḥammad Rūmī (Persian: جلالالدین محمّد رومی), or simply Rumi (30 September 1207 – 17 December 1273), was a 13th-century poet, Hanafi faqih (jurist), Maturidi theologian and Sufi mystic born during the Khwarazmian Empire." Rumi was previously honored with Turkish commemoratives in 1978 (Fr-226 and Fr-227).
Recorded mintage: unknown.
Specifications: 31.47 g, 0.925 fine silver, 38.61 mm diameter.
Catalog reference: KM-1170.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 2001-Date, 13th ed., Iola, WI: Krause Publications, 2018.
- [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, May 2025 World Collectors Choice Online Auction: Ancient & World Coins, featuring selections from the Sydney F. Martin Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2025.
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