10 Dinara 1st coat of arms

Issued the year Serbia and Montenegro formally dissolved their shared central banking arrangements, this coin predates Serbian independence by one year — the National Bank of Serbia was operating under that name from 2003, but the political separation from Montenegro wasn't completed until June 2006. The "1st coat of arms" designation distinguishes it from the redesigned type introduced after 2010, when heraldic elements on the reverse were revised following a Constitutional Court ruling on the proper form of the Serbian state arms.