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| Issuer | Glavna Državna Blagajna (State Treasury of Montenegro) |
|---|---|
| Year | 1914 |
| Type | Standard circulation banknote |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is printed on paper carrying a continuous diagonal letterpress underprint of the text КРАЉЕВИНА ЦРНАГОРА repeated across the entire surface, serving as a security background. Centred at the top, КРАЉЕВИНА ЦРНАГОРА is set in bold Cyrillic capitals, below which the large denomination inscription ЈЕДАН ПЕРПЕР appears. A circular official stamp is applied at centre, followed by a line noting the legal basis of issue. At the bottom, a warning clause against counterfeiting cites articles 145 and 146 of the criminal code. |
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| Protection type | Underprint, Official stamp |
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| Comments |
Montenegro's decision to print its own paper currency in Cetinje was itself a wartime improvisation. When the First Balkan War gave way almost immediately to the Second, and then to the mobilization of 1914, the small kingdom's financial infrastructure was under severe strain. The Glavna Državna Blagajna — effectively the state cashier's office rather than a proper central bank — stepped in as issuing authority out of necessity rather than institutional design.
Locally printed notes from this period are prone to uneven ink distribution and inconsistent stamp placement, both of which are common enough on the 1914 issues that they should not be mistaken for forgery indicators.