Turkey’s Most Valuable Banknote Goes Up for Auction

A banknote that coin collectors would like to have when they see it is up for auction today. Described as Turkey’s most valuable banknote, this banknote was the 1st issue 1,000 lira banknote issued in England. Released in 1927 The banknote was for 1000 Republic gold coins. The price of the banknote is naturally appealing to high-end collectors.

The banknote to be sold at the auction organized by researcher writer Necati Doğan Opening price of 800 thousand TL it will be. Doğan explained that this banknote was printed in the Thomas de la Rue Printing House in England, together with banknotes of 1, 5, 10, 50, 100 and 500 liras in the first years of the Republic. 1,000 lira banknote, It was the most valuable banknote of that time.

The story of Turkey’s most valuable banknote:

According to Doğan’s statement, the 1,000 lira 1st emission banknote in the image above was withdrawn from circulation in 1939. During its approximately 12 years in circulation 15 thousand 374 copies were printed. Only 23 of these banknotes were not returned to the Central Bank when they were withdrawn from circulation. Among these 23 non-refundable banknotes only 7 banknotes have survived. In other words, the banknote that goes up for auction is one of these 7 banknotes.

The banknote features the portrait of Atatürk on the front and the image of the Geyve Strait section of the Sakarya Railway Line on the reverse. The banknote bears the signature of the Minister of Finance of the time, Mustafa Abdulhalik Renda. The banknote has the phrase “Republic of Turkey” since it was printed before the letter revolution. with Ottoman Turkish carrying. In addition, due to the fact that the diplomatic language of that period was French, to french words also includes.