10 Tolarjev

This is Slovenia's first independent paper currency series, issued in late 1990 as the republic moved toward independence from Yugoslavia — formally declared in June 1991. The tolar replaced the Yugoslav dinar at par and was a provisional issue in every sense: printed domestically by Cetis in Celje rather than sent abroad to the established security printers used by most new states, an unusual choice that reflects both the speed of the transition and a deliberate assertion of self-sufficiency.

Cetis had a long commercial printing history but was not a specialist security printer. The single watermark as the sole security feature reflects those constraints plainly.