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100 Lei

Issuer Ministerul de Finanțe al României
Year 1877
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Composition Paper
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Obverse lettering BILET HYPOTHECAR 12 JUNIU 1877. UNA SUTA LEI 100 100 MINISTRU DE FINANCIE MEMBRII AI COMITETULUI BILETELOR HIPOTHECARE Casier cal al Tesaurului ROMANIA UNA SUTA LEI UNA SUTA LEI A. BRAMTOT et G. DUVAL fec. P. DUJARDIN sc.
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Protection type Watermark
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Comments

Romania's first domestically authorized paper currency series, though printed in Paris, emerged from the immediate financial pressures of the 1877 Russo-Turkish War — Romania declared independence mid-conflict and needed a functioning monetary instrument fast. The Ministerul de Finanțe, not the yet-to-be-established National Bank, served as issuer precisely because no central bank existed yet; the Banca Națională a României wouldn't be chartered until 1880.

Bramtot and Duval were both associated with the Imprimerie Nationale's established repertoire of intaglio work, and Dujardin's engraving on this issue is among the finer examples of French state printing exported to a newly sovereign client in this period.

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