Ottoman Empire Gold Coin Information

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Author	Replies: 3 / Views: 5,277
mirchevbogi New Member Bulgaria 4 Posts	Posted 07/05/2011 07:37 am Hello to all, Here I have a coin that was passed down through my family since my great great grandfather,(my Grandmother's grandfather). Who had lived in the Ottoman Empire and moved to Bulgaria in 1878 when after it become a single country (because he was Bulgarian). So the story as I know it from my grandmother is that when her grandfather lived in the Ottoman Empire he had a business there and he had a fortune of gold Ottoman coins, as the one which I am posting here. And after the liberation of Bulgaria, after the Russian-Turkish war in 1878, her grandfather and his family wanted to move to the new Bulgarian country, because they were Bulgarians. But they were afraid that the Ottoman Empire will again gain power over BG and might loose everything. So they buried the fortune of gold coins in their yard in their house in the Empire. And took with them 10 coins of the fortune. And these 10 coins are still passed down to the children of the children of the children of the children of my grandmothers grandfather. But sadly this is the only one remaining as a coin, because my relatives melted them down into rings, necklaces etc. What I want to know is the time period in which these coins were used, the carats of gold in it, and if it is allowed in this forum the possible going rate of value. Images attached below. Thank you for your time and interest :) Report this Post to the Staff

Sap Moderator Australia 16826 Posts	Posted 07/05/2011 08:12 am Hello and welcome to the forum. I hope we can help. First, the good news: unlike many folks who post "Ottoman gold coins" here on the forum, your coin appears to be an actual gold coin, and not a cheap jewellery imitation. Do a forum search for "imitation ottoman" to see numerous examples of such coins. Thank you for posting a picture which gives a scale; from the size relative to a US quarter, it's clear this is a 100 kurush gold coin, Constantinople mint, fineness .917 (22 karat), 0.2125 ounces for gold value calculation purposes. Unfortunately, being made into a piece of jewellery like that destroys any value it may have had as a collectable coin, so gold value is the best indicator of the item's actual value (though no doubt it is worth much more to you, as a family heirloom). About US$320 at curent gold prices. Second, the perhaps not-so-good news: this coin dates from long after 1878, so it cannot be one of the actual coins your family brought with them on their exodus - not unless they did not leave Ottoman territory until long after 1878. The date on the coin is Accession Year 1327 in the Islamic calendar, Regnal Year 3, which converts to an AD date of 1911. These coins were only issued with this accession year from 1909 to 1915. 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 Report this Post to the Staff
nook56 New Member United States 1 Posts	Posted 04/11/2012 5:34 pm I have the same coin as the one pictured. My wife's grandparents did not leave Turkey until the late 19th century. This coin has the same date but is much larger that a quarter. Any idea as to the worth? Report this Post to the Staff
nicwinner Valued Member Australia 262 Posts	Posted 04/11/2012 6:48 pm thanks Sap, interesting coin Report this Post to the Staff
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