Tag: Tokens
-
Evolution of Church Tokens in the Ottoman Empire
The Russo-Turkish War (1877–78) triggered a coin shortage in Istanbul, prompting Armenian churches, merchants, and local associations to issue private tokens as emergency small change. These tokens sustained everyday transactions for two decades until the Ottoman government, aiming to restore monetary control, decisively suppressed their circulation by 1897, ending this unofficial currency practice.
-
The Tokatlian Tokens – A Journey Through Constantinople’s Commercial Zenith
Exploring rare metallic tokens issued by Meguerditch Tokatlian, this article details their design, historical context, and significance. These tokens, from the late 19th to early 20th century, reveal insights into Istanbul’s commercial and cultural landscape, particularly the renowned Tokatlian Hotel, highlighting their numismatic and historical value.