Catalog
10 Perpera
| Issuer | Glavna Državna Blagajna (Royal Treasury of Montenegro) |
|---|---|
| Year | 1914 |
| Type | Log in to see details |
| Value | 10 Perpera |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Главна Државна Благајна исплатиће доносиоцу ове упутнице ДЕСЕТ ПЕРПЕРА Серија Б. Вриједи за годину дана. Цетиње, 25 Јула 1914. Предсједник Главне Државне Контроле Министар Финансија |
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| Reverse lettering | КРАЉЕВИНА ЦРНА ДЕСЕТ ПЕРПЕРА ГОРА Упутница издана на основу закона од 25. јула 1914. |
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| Comments |
Montenegro's Glavna Državna Blagajna issued these treasury notes in 1914 as the country mobilized for the First Balkan War's aftermath and then the opening of the First World War. Without a central bank of its own, Montenegro relied on the Royal Treasury to put paper into circulation — an arrangement that made these notes a direct instrument of state finance rather than orthodox banking.
The sole security feature was an official stamp, which made counterfeiting a genuine concern. Authenticated examples show considerable variation in stamp placement and ink depth.