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1 Perper

Issuer Glavna Državna Blagajna (Main State Treasury) of Montenegro
Year 1914
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Value 1 Perper
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Reverse description The reverse is printed on plain paper with a fine repetitive letterpress text pattern forming the overall background across the entire surface. At upper centre the country name КРАЉЕВИНА ЦРНАГОРА (Kingdom of Montenegro) is printed in bold Cyrillic, followed by the large denomination ЈЕДАН ПЕРПЕР; below, a legal foundation clause and an anti-counterfeiting warning citing articles 145 and 146 of the criminal code are printed in smaller Cyrillic text. The numeral 1 appears in each corner, and a circular pink control stamp is overlaid at centre.
Reverse lettering КРАЉЕВИНА ЦРНАГОРА
ЈЕДАН ПЕРПЕР
Упутнице издана на основу закона од 25. јула 1914.
Прављење и протурање лажних упутница казниће се по § 8. 145 и 146. кривичног закона.
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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.

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