The Famous Turkish Meskuk and Ziynet Gold Bullion Coins

Many investors and businessmen purchase and collect gold bullion coins as a first step in getting into their very own gold collections. Bullion coins are collected for the common interest of investment and stable assets, since the value of precious metals is a more reliable market compared to a country’s federal bills and economy.

Investors who are into coin collecting mostly go for gold coins such as the American Gold Eagle, the African Kruggerand, and the Canadian Maple Leaf. You may be surprised, but none of these three are the best-selling bullion coins for the past ten years. The best-selling bullion or gold coins are actually the Turkish Meskuk and Ziynet.

It’s not a surprise that Turkey has supplied the world with the largest number of gold coins in the last decade. Turkey, also known as ancient Lydia, was also the first in history to make gold coins. And today, they seem to be very competitive with the rest of the gold market.

If you are not familiar with these two coins, then here is a brief description of both coins. They are produced by the Turkish State Mint, have a purity rating of 91.66% and therefore have a coin value equivalent of 22 karat gold. These coins are both called Republican Gold Coins.

Meskuk

The Turkish Meskuk is considered the “thick” coin. It is also the standard gold coin, and is a bit heavier than the Ziynet. The obverse face of the Meskuk features the profile of Kemal Ataturk, surrounded by the inscriptions HAKIMIYET MILLETINDIR which means “sovereignty rests with the nation” and ANKARA which is the capital city of Turkey.

On the reverse face, the inscriptions TURKIYE CUHMHURIYETI are encircled by a wreath. The date on the reverse includes 1923 and the number of years it has been since then.

Ziynet

The Turkish Ziynet is considered the “thin” coin, and is usually used as a gift to weddings and other special occasions since it is a decorative coin. The Turkish Ziynet is larger in size compared to the Meskuk. The obverse again features the profile of Kemal Ataturk, encircled by 32 small stars and a decorative design of flowers.

The reverse face of the Ziynet also features the inscriptions TURKIYE CUHMHURIYETI, but now encircled with 32 stars as well as a decorative flower design. The date on the reverse is the year of mintage.

Coin values for both are in the range between ¼ to 5 lira or 25 to 500 piastres. These coins are indeed famous for people who are into bullion coin collecting. These Republican gold coins will be a lovely addition to your own collection.