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1 Perper - Nikola I

Issuer Montenegro
Year 1912-1914
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Value 1 Perper
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Obverse script Cyrillic, Latin
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Mintage 1912 - - 520,008
1914 - - 500,000
Additional information

Montenegro's perper coinage was introduced in 1906 as part of Nikola I's effort to align the principality with the Latin Monetary Union's weight and fineness standards — though Montenegro was never formally admitted as a member. The timing of this particular issue is worth noting: by 1914, the country was mid-way through the Second Balkan War and on the verge of being pulled into the wider conflagration of World War I, after which Montenegro would cease to exist as an independent state entirely, absorbed into the Kingdom of Serbs, Croats and Slovenes in 1918.

Nikola I was deposed in absentia. He never returned.