Please Identify My Gold Coin

Thank you so much for your reply, I really appreciate your help thank you. Unfortunately this posting and uploading is too hard for me. I cant even find the post new reply you directed me to. The coin was weighed years ago on jewellers scales, cant recall exact weight but it did weigh more than a medallion I had and the medallion weighed 15grams.Guess i'll chuck it back in drawer for another 30yrs. Thanks again

Thanks Alganbagerap, the curiosity is getting to me so I will try to load the better pics tommorrow. I think 17.4gr would be about right.I found one on ebay once that looked identical-500 kurush but I'm pretty sure the weight was 30something grams? Do you have any idea of the value? I know its hard without seeing better pics but even a rough idea of value would be great..Please :)Also can you tell me is it a common coin or rare? Thanks very very much I really appreciate it, I live in Australia and havent found anyone who could tell me anything about it.Hope you have a Happy Easter.

svslav, even with my screen on 125% I didn't spot that.
OK, so I know that my specs have to be uprated.

My old Krause catalog says USD 950 for ExtraFine condition.
I think it would fetch more in today's market.

And as far as living in Australia, you've got a whole rake of coin experts down in the God Zone. One of them spends a good deal of his time here.

Do you want to chip in here, Steve?

That's not an actual coin. That's what we call reşat altını (reshad's gold). It's never used as a coin its just for investment. and people give it to married couples as a gift in weddings. it's more like a jewelry issue then a numismatic item. So nobody cares if it's authentic or not.

and in gold market its sale price is 650TL right now, which is 363 dollars.

http://altin.doviz.com/resat-altin

yes shaza I was referring yours. your pictures belong to sultan reshad's gold minted for investment. when people were saving their money under their pillows instead of putting it in a bank account they were usually going to a goldsmith and turning their money in to that gold pieces. like exchange offices. now it's only a tradition in Turkey to give a gold coin to couples at weddings. and goldsmiths continue to produce that golds with the picture of Ataturk. And thats called cumhuriyet altını (gold of republic).


and an extra information. there is also one more type of gold called hamit altını (hamid's gold) it's gold pieces minted in the era of abdulhamid.



goldsmiths still trade this resad and hamid golds. for the record.

I think what apeka is trying to say is that this coin was used as a bullion rather than a circulation coin.

I don't agree, though, with the statement

A little bit on terminology. "Reshad's gold". Reshad was a part of the name of Sultan Muhammad V. Some of his coins bore a honorific titles "el Ghazi" (the Victorious), some "Reshad". Yours has the latter (it's the character to the right of toughra).

Starting with Muhammad's predesessor, Abdul Hamid II, they issued two parallel series of gold coins, regular mint issues and "monnaie de luxe" which were intended more for presentation and jewelry purposes. The MDL coins were broader but thinner, and much more ornate. I couldn't find an example of Muhammad V's MDL 500 kurus online, but it looks very similar to this one of Abdul Hamid.

What you have, shaza, is a regular mint issue of 500 kurus.

Yes, my first reply was about your coin.
And it is KM# 758 (Krause Standard Catalog of World Coins cat. number). It was minted through 1914, regnal year 6 of Muhammad V. Next four years, 1915 - 1918, the 500 kurus coin became heftier, 36.08 grams, looks pretty much the same only with "el Ghazy" next to the toughra. There had to be some kind of reform in between, maybe in connection with the World war. That must be the coin (KM# 784) you found on the net.