20 Lira Ottoman Empire

About this 20 Lira Ottoman Empire banknote

The 20 Lira Ottoman Empire banknote of 1891 is a documented piece of Ottoman Empire paper-money history. It is cataloged as Pick #61Aa and Turk Catalog OB-K-1 T1. It dates from the reign of AbdulHamid.

Production details — with dominant Green, beige background tones.

Security elements: Cash vouchers, which could be transferred to others and redeemed at the Ottoman Bank..

Front signatures: . Back signatures: .

Catalog classification — type Check & Bond note, category Imperial Ottoman Bank (1863-1914), rarity RR.

Historical context. 20 Lira Cash voucher - Until 1908, 5 lira was the highest-value banknote issued by the Ottoman Imperial Bank. The market need for higher-value notes, and the government's restriction on the amount of cash banknotes is circulation, led the Ottoman Imperial Bank to issue cash vouchers in denominations of 20 and 100 lira, which could be transferred to others and redeemed at the bank.

About this banknote. Prior to 4th emission