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10 Leva Srebro

Issuer Bulgarska Narodna Banka (Bulgarian National Bank)
Year 1919-1920
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Value 10 Leva
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Reverse description Green guilloche framework with ornate floral and geometric border designs fills the entire field. The Bulgarian state coat of arms — a crowned lion rampant on a shield with supporters — is printed in dark brown at centre within a circular guilloche vignette. The word ДЕСЕТЬ appears at upper centre between numeral 10 counters in the top corners, and ЛЕВА is inscribed at lower centre; a Cyrillic warning legend against counterfeiting runs in a horizontal band across the middle of the design.
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Protection type Adhesive stamp, Embossed seal
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Comments

The "Srebro" designation — silver — reflects the note's nominal convertibility into silver coin at a time when that promise was essentially theoretical. Bulgaria emerged from the First World War under severe reparations obligations imposed by the Treaty of Neuilly-sur-Seine in November 1919, and the BNB's hard currency reserves were in no position to back redemption demands at any meaningful scale.

The adhesive stamp and embossed seal are control measures characteristic of Bulgarian emergency-period issues, applied to validate or reissue notes whose status had become irregular during the postwar administrative upheaval. P#S107 sits in the "S" series specifically because its formal standing as a state-backed instrument remained disputed.