"This Venetian coin was certainly brought from the place where these wars were fought, that is, a Turk brought it and we think it is a commemorative coin because it has a hole on it," he explained. "It is clear that the officer in question participated in battles on behalf of the Turkish army."
A numismatist and archaeologist, Mikhail Abramzon of Russia-based Magnitogorsk State Technical University, underlined that the coin was an extremely important discovery in terms of the history of the region.
Noting that the Ottoman Empire conquered the region at the end of the 15th century, Abramzon said: "Many castles housing Turkish garrisons appeared here and the Ottoman navy was in Taman."
"Taman Peninsula was included in the administrative system of the Ottoman Empire," he explained.
"In the 16th century, there was also a Turkish settlement on the territory of Phanagoria. The smoked pipes, kitchen utensils, and coin finds belonging to the sultans of that century prove this," he added.