They’re down 6 zeros, now they’re down 2 grams
Inflation, which turned the bazaar market into a fire, also spoiled our money. The government reduced the weight of the 1 TL coin from 8.2 grams to 6.6 grams without any explanation to the public. The new 1 TLs have gotten lighter and leaner in the face of inflation, just like the Citizen. Our money, which has lost its value in the face of inflation, has also shrunk. Citizens, who first encountered the new version of the 1 TL coin, were concerned about counterfeit money. It was claimed that 1 TL, which is said to have exceeded the value written on the mine by about 3 times, was collected and melted down by scrap dealers, resulting in unfair profits. The General Directorate of the Mint and Stamp did not change the grammage information in the section where 1 TL was entered on the official website, although it did reduce the weight of the metal by 1 TL, and did not disclose the missing gram to the public.
DETECTED AUTOMATIONS
The change in the weight of 1 TL has caused problems especially in vending machines that adjust precisely according to the weight of the coins. It was claimed that the vending machines gave 1 TL as weight change, but when the product was returned to the vending machines, the system did not work and was unable to identify the money. It has been reported that thousands of vending machines will need to be reset due to the change in weight of 1 TL.
HAS HARD TO TELL
Two different 1 TL weights continue to circulate together on the market. When coins are returned to the printing press with large payments, they are given by weighing rather than counting them one by one. For example, 1 TL used to be delivered in 8.2-kilogram bags in exchange for one thousand lire, but now it is delivered in 6.6-kilogram bags. However, the circulation of both currencies made it impossible to pay with the balance.
Its weight has decreased, our pocket has become lighter.
Reducing the weight of 1 TL coins by 2 grams also reduced the weight of 1 TL vs. products. For example, until now, a citizen who went to the market to buy 5 lira bread with 1 TL coins had 5 pieces of 1 TL in his pocket with a total weight of 41 grams. Now the citizen’s pocket has become lighter, the total weight of 1 TL in his pocket has been reduced to 33 grams in order to buy the same bread. The weight in the pocket of those who buy onions with 1 TL has also decreased from 164 grams to 132 grams.