100 Dinara 40 Years of Liberation

Issued to mark the fortieth anniversary of Yugoslavia's liberation from Axis occupation in 1945, this coin appeared at a moment of acute economic stress — inflation in Yugoslavia was already climbing sharply through the mid-1980s, and would spiral beyond 1,000% annually by decade's end. A commemorative 100-dinar piece was hardly a practical denomination; by 1989, the government was issuing banknotes in denominations of 500,000 dinars.

The nickel brass alloy was a cost-conscious choice increasingly common in Yugoslav coinage of the period as silver had long been abandoned for circulation issues.