Ottoman Sultan Mehmed V (Constantinople, November 2, 1844 - Constantinople, July 3, 1918) was the Sultan of the Ottoman Empire and the Caliph of Islam from 1909 until his death.[V. Ottoman Sultan Mehmed, full name Mehmed Reşad, came to power in 1909 after his brother II. Abdul-Hamid was resigned. Although he was a well-intentioned politician, his reign coincided with the beginning of the disintegration of the Ottoman Empire and the Ottoman participation in the First World War against his will. Mehmed Reşad was a refined and benevolent personality, but he lacked the ability to rule. As a constitutional monarch, he handed over control of the national liberal Unity and Progress Movement. During his reign, the Ottoman Empire lost several wars, including the First World War. At the time of his death, most of the Ottoman Empire was already under the control of the Entente. His successor VI. He became Mehmed.

Sultan Mehmed V ascended the throne in 1909 and during his reign the Ottoman Empire began to disintegrate. During his reign, the empire lost several wars, which led to serious financial problems. The quality of silver and gold coins decreased. Instead of the previously 900-fine silver coins, 833-fine coins were minted, and the fineness of gold coins was reduced from 917 to 875. Due to the needs of the war, it was necessary to mint new, smaller denomination coins. The 10, 20 and 50 para denominations were introduced in 1914, and the 500 kurus denomination in 1916. During the war, the appearance of the money had to be simplified to reduce costs. The size and shape of the denominations became smaller, and the drawings became simpler. Some concrete examples of the coins of Sultan Mehmed V: 1914 10 para silver coin: Made of silver, weight 0.22 grams, diameter 17.5 mm. In addition to the denomination and the sultan's name, the date "1332" indicating the war years is also included. 1916 500 kurus gold coin: Made of gold, weight 20 grams, diameter 37 mm. In addition to the denomination and the sultan's name, the date "1334" indicating the war years is also included. These coins are still valuable collector's items. V. Sultan Mehmed abdicated in 1918, and the minting of the empire ended that year.