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10 Perpera

Issuer Glavna Državna Blagajna Kraljevine Crne Gore
Year 1914
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Value 10 Perpera
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Reverse description Printed in grey-green, the reverse carries an elaborate all-over guilloche lattice that forms both the border and the background underprint. The denomination numeral '10' is repeated in each of the four corners, while the central field presents the issuing state name and denomination in bold Cyrillic letterpress, followed by a statement referencing the legal basis of issue (law of 25 July 1914) and a warning against counterfeiting citing Articles 145 and 146 of the criminal code. A circular official cancellation stamp in violet ink is applied at centre.
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Protection type Official stamp
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Comments

Montenegro's Glavna Državna Blagajna — the Royal State Treasury — issued this note in 1914 as the country lurched into the First World War. The perpera had only existed as a currency since 1906, and the State Treasury's notes were always a stopgap instrument, filling the void left by the absence of a proper central bank. Printing in Cetinje rather than abroad was a political choice as much as a practical one, though it placed real limits on production quality and anti-counterfeiting sophistication.

The single security feature was an official stamp — applied by hand, which means unstamped examples exist and are considered fiscally invalid rather than errors.

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