Altmislik - Abdülhamid I (Kostantiniyye) 1187 (1783-1788) front Altmislik - Abdülhamid I (Kostantiniyye) 1187 (1783-1788) back
Altmislik - Abdülhamid I (Kostantiniyye) 1187 (1783-1788) photo
© PCGS

Altmislik - Abdülhamid I Kostantiniyye

1187 (1783-1788) years
Billon (.465 silver) 26.2 g 43 mm
Description
Issuer
Ottoman Empire
Sultan
Abdul Hamid I (1774-1789)
Type
Standard circulation coin
Year
1187 (1783-1788)
Calendar
Islamic (Hijri)
Value
2 Zolota = 60 Para (3⁄2)
Currency
Kuruş (1688-1844)
Composition
Billon (.465 silver)
Weight
26.2 g
Diameter
43 mm
Thickness
2 mm
Shape
Round
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#49366
Rarity index
78%

Reverse

Sultan ul berreyn ve hakan ul bahreyn es sultan ibn es sultan

Script: Arabic

Comment

Interesting fact

One interesting fact about the Altmislik coin is that it was issued during the reign of Abdülhamid I, who was the 27th Sultan of the Ottoman Empire and ruled from 1783 to 1788. During his reign, the Ottoman Empire was facing significant economic challenges, including inflation and debasement of the currency. The Altmislik coin was introduced as a new standardized currency to address these issues, and it was made of billon, a silver-copper alloy, to increase its durability and longevity. Despite its introduction, the coin faced opposition from some merchants and traders who were accustomed to using the traditional Ottoman currency, the akçe. However, the Altmislik coin ultimately became widely accepted and played an important role in the Ottoman Empire's economy during this period.