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10 Perpera

Issuer Glavna Državna Blagajna (Main State Treasury of Montenegro)
Year 1914
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In circulation to 1918
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Obverse lettering Главна Државна Благајна исплатиће доносиоцу ове упутнице
ДЕСЕТ ПЕРПЕРА
Серија А.
Бр.
10
Вриједи за годину дана.
Цетиње, 25. јула 1914.
Предсједник Главне Државне Контроле
Министар Финансија
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Reverse lettering КРАЉЕВИНА
ЦРНА ГОРА
ДЕСЕТ ЖЕРПЕРА
10
Упутница издана на основу закона од 25. јула 1914.
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Comments

Montenegro's treasury notes of 1914 were produced domestically — a significant constraint. Cetinje had no commercial security printer, and the results reflect that: the notes were printed on whatever stock was available, and authentication relied on an official stamp rather than any embedded technical security. Collectors should expect irregularity in stamping position and ink density across surviving examples; this is characteristic of the series, not a defect specific to individual notes.

Montenegro was at war within months of this note's issue, occupied by Austria-Hungary by early 1916. Much of the circulating paper currency was rendered worthless or confiscated, which accounts for the relative scarcity of worn, genuinely circulated examples from this series.

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