5 Para - Mahmud I Copper

One interesting fact about this coin is that it was issued during the reign of Mahmud I, who was the Sultan of the Ottoman Empire from 1730 to 1754. This coin was part of a series of coins issued during his reign to reform the Ottoman currency, which had been suffering from inflation and debasement. The 5 Para coin was a new denomination introduced by Mahmud I, and it was made of copper, which was a more durable and affordable material than the silver or gold coins that were previously used. This coin is a rare and valuable piece of history, providing insight into the economic and political reforms of the Ottoman Empire during the 18th century.

• asia
• early modern
• modern