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Replies: 7 / Views: 5,016 |
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New Member
United States
46 Posts |
Visiting Istanbul in the next few weeks.
Wondering if anyone has had any experience shopping for coins in the Grand Bazaar? If so, would appreciate any thoughts/tips.
Thanks!
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Moderator
 United States
34397 Posts |
@jfe, one really good resource for coin stores around the world is this one: http://goccf.com/t/261670I don't know for sure though if Istanbul is represented on that thread or not. Others may have first hand experience and weigh in. Be sure to follow up with us as to what you see there!
"If you climb a good tree, you get a push." -----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz
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Pillar of the Community
United Kingdom
2872 Posts |
Probably worth having a read at this https://turkeytravelplanner.com/det...Warning.html"It's illegal to buy, sell, possess or—especially—export from Turkey antiquities (usually defined as carpets, coins, icons, colored tiles and ceramics, paintings, statues and sculptures, metal objects, etc.) more than one or two centuries old"
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Moderator
 Australia
16816 Posts |
Coins, in particular, are forbidden to sell or export if they are older than the reign of Sultan Abdulmejid I (AD 1839). So if you are hoping for Roman, Byzantine or Mediaeval Islamic coins, forget it. It's not worth risking time in a Turkish prison.
I was in the Grand Bazaar, ten years ago. I didn't see any coin sellers there then, and I was looking, though I can't claim my search was comprehensive. There might have been a whole street of coin dealers, and I simply missed it. The Grand Bazaar is "one of the largest shopping malls on the planet", and if there's anything like a reliable map available to tourists, I didn't find one.
I do know that, while selling genuine ancient and mediaeval coins in Turkey is forbidden, selling fakes is perfectly legal. Every tourist trap (eg. Troy, Ephesus, Pergamum, Pamukkale) has at the gates a little souvenir market, and (fake) ancient coins can be bought in abundance at such locales. And even buying these fakes, knowing they are fake, can be risky - if a Turkish customs agent spots them in your luggage when you try to leave the country, they may or may not have the expertise to tell that they are fake - and you may be waiting in a Turkish prison for a month or two while they bring in an expert to verify them. If you buy a realistic fake coin (or any other antiquity), it is recommended that you take it to a government-accredited expert yourself, who will examine it and give you a certificate of non-authenticity.
Another thing to watch out for, for those few places you might find that offer more modern coins for sale, is the "old lira" scam. In 2005, Turkey slashed six zeroes off the Lira, but kept the name. So it's possible to find coins denominated in thousands or hundreds of thousands of lira, and tourists (familiar with the current lira) are often fooled into thinking such old coins are actually high in face value.
The last currency reform in Turkey was in 2009, so it's impossible to find coins in circulation that are older than this as pre-2009 coins are now obsolete and officially withdrawn. "Coin roll hunting" in Turkey is, as a result, rather boring. Though with the "new" lira having already collapsed in value to being worth just 5 US cents (it was worth 50 cents back when I was there) and with the 1 lira coin being the highest face value coin, I suspect that coins have essentially disappeared from circulation entirely by now.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
Australia
9386 Posts |
We have some members here from Turkiye, that may be able to advise you, but if not try the Turkish coin forums on Facebook. I am a member of 2 of them and the guys on there sometime show pictures of coin for sale in a bazaar, but not sure where.
This is one of them... TUM DUNYA MADENI PARA KOLEKSIYONU
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Moderator
 United States
15409 Posts |
Great advise about being cautious with the Turkish expert laws - you do not want to be stuck in a Turkish prison. I was in Istanbul in 2014 and made several trips to the Grand Bazaar but don't recall seeing any coin dealers although the place is so huge and winding I could have missed some. There were several stores in Istanbul itself that had coins for sale on displays in their windows - although I did not stop to inquire about them. Enjoy your trip - be sure to have a fish sandwich at one of the shops along the bridge on the Bosporous. It's a local tradition. 
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Pillar of the Community
Turkey
870 Posts |
Glad I come across this thread. I can say a few things about the Grand Bazaar. We don't shop for anything from there. It's highly, if not entirely, touristic. It's a nice, historical marketplace but items for sale are often far more expensive and touristy compared to local shops. I had a Swedish friend o who was surprised when he realized Turkish people do not drink apple tea, which is sold in almost every stall labeled ad "traditional" in the Grand Bazaar.
There are some offices of low to mid level auction houses in the Bazaar. Nowadays the business is almost entirely done online but they surely have some coins for sale. What kind of coins you are looking for? Anything older than 1839 might be a challenge as you need some papers (such as a license of ownewship a receipt) to take them out of the country. Anything ancient roman or greek, its almost impossible to buy or take out of country for tourists.
If you send me a pm, I can check if there are some shops you can visit. Also happy to give advice if you ever need some. Istanbul is a magnificent city to visit. I hope you enjoy it.
Edited by molydeii 05/16/2023 01:37 am
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Bedrock of the Community
Australia
21786 Posts |
Visiting and shopping in the Grand Bazaar in Islambul is an experience I will never forget. An ancient shopping mall, (by far the biggest in the World for many centuries), where even the streets are roofed over. When I was in the Grand Bazaar waaaaay back in 1970, I found that almost every fine art object was a reasonable modern fake, made for the tourist trade. I looked at Porcelain, ship's chronometers, carpets, leather coats, brassware and of course, - ancient coins. Even then, I had a collection of about 80 Roman coins (including an aureus and a solidus), back at home in Australia. That was OK for me, provided the haggled price was right. I bought a genuine (believe it or not), a 14 ct gold Turkish puzzle ring of modern manufacture. I really didn't have any spare space to take large objects in my luggage. I didn't buy any coins. I had come overland from India driving an old Double Deck bus, which started life on the Manly to Palm Beach route in Sydney. (google Maps if you wish) Lived and worked In Manchester UK for two years, before returning home. I am  an MU fan, went to some of their home matches. Note well what Sap has written.
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Replies: 7 / Views: 5,016 |
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