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1 Ban
| Issuer | Romania |
|---|---|
| Year | 1953-1954 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The denomination numeral '1' is prominently displayed in the upper portion of the field in large incuse characters, with the currency unit 'BAN' inscribed in bold lettering below. The four-digit date of issue appears along the lower field. The design is austere and unadorned, with no additional decorative elements. |
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| Additional information |
Romania's 1953 currency reform was a brutal redenomination that wiped out savings held in the old leu at punishing exchange rates — 20 old lei to 1 new, with household holdings above modest thresholds exchanged at ratios as unfavorable as 100-to-1. The ban denominations introduced that year were the fractional units of this entirely new monetary architecture imposed under Soviet-aligned economic restructuring.
The KM#81.2 designation distinguishes this from the near-identical 81.1 variety by a difference in the reverse die spacing.