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1 Perper
| Issuer | Glavna Državna Blagajna (Main State Treasury) of Montenegro |
|---|---|
| Year | 1914 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#30 |
| Obverse description | The obverse is framed by an ornate oval guilloche border with decorative scrollwork and corner rosettes. At centre, large Cyrillic text reads ЈЕДАН ПЕРПЕР (One Perper) with the numeral 1 repeated on either side; above is the issuing authority legend in Cyrillic, and below the date Cetinje, 15 July 1914 within a rectangular panel. Two manuscript signatures appear beneath the designation lines for the President of the Main State Control and the Minister of Finance, with a circular pink control stamp overlaid at centre. |
|---|---|
| Obverse lettering | Log in to see details |
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| Protection type | Control stamp |
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| Comments |
Montenegro's decision to print its own paper currency at Cetinje in 1914 was driven by the acute coin shortage that followed the Balkan Wars of 1912–13. The Perper had existed as a coin since 1906, but the state lacked the infrastructure and bullion reserves to keep metallic currency in adequate supply once wartime hoarding set in.
Printing domestically rather than commissioning a foreign security printer was unusual for a state this small, and the quality reflects that — the control stamp served as the primary anti-counterfeiting measure because the printing itself offered little protection. Within months of issue, the Austro-Hungarian occupation of Montenegro in early 1916 rendered these notes functionally worthless.