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10 Dinara
| Issuer | Privileged National Bank of the Kingdom of Serbia (Привилегована Народна Банка Краљевине Србије) |
|---|---|
| Year | 1887 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse lettering | BANQUE NATIONALE PRIVILÉGIÉE DU ROYAUME DE SERBIE DIX FRANCS PAYABLES EN ARGENT À PRÉSENTATION DANIEL DUPUIS ET GEORGES DUVAL FEC. E. MOUCHON SCULP. |
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| Protection type | Watermark |
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| Comments |
Serbia's Privileged National Bank had been in existence for barely five years when this note was commissioned, and the decision to engage the Banque de France printing works — rather than a commercial security printer — gave the series an institutional weight the young bank was keen to project. Mouchon was at this point producing some of the finest intaglio work in Europe; his engraving for French postage stamps of the same decade is still regarded as technically exemplary.
Pick 9 is the scarcer of the two denominations in the 1887 issue. The watermark is the sole mechanical security feature — no serial numbering system of any complexity, no colored threads.