This is a Tugra art piece, created approximately 60-70 years (may be older) ago. Tugra is a calligraphic art piece. Although, there is no information about the artists who have created these pieces of art but these are precious art work, passed on from generation to generation.
A tughra (Ottoman Turkish: طغراء; Ṭuğrā) is a calligraphic monogram, seal or signature of an Ottoman sultan that was affixed to all official documents and correspondence. It was also carved on his seal and stamped on the coins minted during his reign. Very elaborate decorated versions were created for important documents that were also works of art in the tradition of Ottoman illumination.
The tughra/tugra was designed at the beginning of the sultan’s reign and drawn by the court calligrapher or nişancı on written documents. The first tughra/tugra belonged to Orhan I (1284–1359), the second ruler of the Ottoman Empire and it evolved until it reached the classical form in the tughra of Sultan Suleiman the Magnificent (1494–1566).
Tughras served a purpose similar to the cartouche in ancient Egypt or the Royal Cypher of British monarchs. Every Ottoman sultan had his own individual tughra/tugra.