250 Kuruş Ottoman note to be auctioned

ANTALYA - Anatolia News Agency

Among the items that will be sold at the auction include coins, medallions, Ottoman documents and various books as well as a 250 Kuruş Ottoman note (below).

A 250 kuruş paper note, used at the time of the 31st Ottoman Sultan Abdülmecid I, is set to be put up for auction.

In the auction, which will be held on June 10 at the Pera Mezat Beyoğlu Exhibition Hall, objects like coins, medallions, Ottoman documents and various books will be sold. Paintings from famous Turkish painters such as Ömer Uluç, Bedri Rahmi, Nazmi Ziya, Diyarbakırlı Tahsin, Sami Yetik will also be put up for sale in the auction.

Among the items the 250 kuruş paper note, dated 1850, is one of the most interesting. The money is expected to fetch around 85,000 Turkish Liras.

Pera Mezat Auction House General Coordinator Samet Tekin said that the items in the auction were very valuable, especially the calligraphies.

He said that those paintings would be put up for sale between a price of 2,000 and 125,000 liras. A rare Ottoman tombac, as well as porcelains produced in the famous Tophane and Yıldız porcelain facilities, will also be auctioned, said Tekin.

As for the paper money, Tekin said, “The Ottoman Treasury paid interest for paper money, in order to make its use more common among people, who were used to using coins only.”