1 Skender

Korçë's 1921 municipal notgeld is one of the more obscure local emergency issues from the Balkans. Following the withdrawal of French occupation forces — who had administered the region since 1916 under the short-lived "Albanian Republic of Korçë" — the town's economy was left with a severe small-change shortage that the fledgling Albanian state was not yet equipped to address. Local authorities plugged the gap themselves.

The Skender denomination is named after Skanderbeg, the 15th-century Albanian national hero. A handful of Albanian municipalities issued similar scrip in this period; Korçë's issues are among the rarest, with very few examples documented in major collections.