Metallik sentence example

metallik
  • The altilik, beshlik and metallik currencies struck, the first and last in the reign of Mahmud II.
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  • The heavy depreciation in silver causing large losses to the government, free coinage was suspended in 1880, and the nominal value of the mejidie was reduced by decree to 19 piastres (105.26 piastres thus = £T1), while in the same year the debased currencies were reduced, altilik, the 6-piastre piece to 5 piastres, the 3-piastre piece to 22 piastres, the 12-piastre piece to 14 piastre; beshlik, the 5-piastre piece to 22 piastres, the 22-piastre piece to 1;-piastre; metallik, the 1-piastre piece to 2 piastre, the 2-piastre piece to 4 piastre, the *-piastre piece to a piastre - these values representing approximately the intrinsic value of the silver, at mejidie standard, contained in the debased coins.
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  • In the last twelve years of the 19th century the altilik currency was almost entirely withdrawn, and replaced by fractional mejidie; a large proportion of the beshlik has also been withdrawn, but the metallik has not been touched.
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  • The standard of the altilik is about 0.440 fine, that of the beshlik is 0.185 to 0.225 fine, that of the metallik is 0.170 fine.
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  • The amounts of Turkish gold, silver and debased coinage in circulation are approximately £T16,500,000, in gold, £T8,70o,000 (940,000,000 piastres at 108) in silver mejidies and fractions, and 200,000,000 piastres in beshlik and metallik.
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