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0,50 German Mark PBT DD Travnik

Issuer Privredna Banka Travnik DD (Commercial Bank of Travnik, Joint-stock Company)
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Currency German Mark
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Obverse lettering PBT DD TRAVNIK
0,50 DEM 0,50 DEM
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Reverse lettering PRIVREDNA BANKA TRAVNIK
DIONIČARSKO DRUŠTVO
EXPOZITURA TRAVNIK
(Translation: Commercial Bank of Travnik
Joint-stock Company
Branch Travnik)
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Privredna Banka Travnik was one of numerous small regional joint-stock banks in Bosnia-Hercegovina that issued emergency fractional currency — Notgeld in all but name — during the severe coin shortage that gripped the former Austro-Hungarian territories in the early 1920s. These local commercial scrip issues filled a gap the new Kingdom of Serbs, Croats and Slovenes was slow to address, as centralized coinage supply lagged badly behind demand in provincial towns.

Travnik, the old Ottoman-era seat of the Bosnian viziers, was a minor commercial center by this point. The bank itself left almost no archival trace, and surviving examples of this fifty-pfennig piece are genuinely uncommon.

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