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0.10 Franga Argjent

Issuer Bashkija e Korçës (Municipality of Korçë)
Year 1923
Type Local banknote
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Reverse description The reverse carries the same blue rope-twist border and fine floral guilloche underprint as the obverse. A large circular red handstamp occupies the centre-right area, partially legible, surrounding a bold dark blue handstamped double-headed eagle vignette. A serial number prefixed by N. is printed in red at lower left, and the numeral 10 appears in each corner.
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Protection type Handstamp
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Comments

In 1923, the Albanian state lacked a functioning national bank and a stable circulating currency. Into that gap stepped several municipalities, Korçë among them, issuing their own fractional notes to keep local commerce moving. The Bashkija e Korçës emissions are among the most locally produced paper money in interwar European history — printed and validated in the town itself, with handstamps serving as the primary authentication against forgery.

The franga argjent was a monetary unit pegged nominally to the gold franc, though in practice these municipal fractions circulated on trust alone. Few survived; small-denomination emergency notes were spent hard and discarded.

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