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100 Lei

Issuer Banca Națională a României
Year 1947
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Currency Second leu (1947-1952)
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Obverse description Central vignette composed of three male figures in profile — a worker holding an upraised torch at left, a peasant holding an ear of wheat, and a third figure at right — rendered in intaglio on a guilloche underprint. The denomination «UNA SUTĂ LEI» is set in large letterpress above the date «27 AUGUST 1947», flanked by the bank title along the top margin. A legal warning cartouche against counterfeiting runs along the lower portion of the note.
Obverse lettering BANCA NATIONALA A ROMANIEI 100 100 UNA SUTA LEI 27 AUGUST 1947 GUVERNATOR CASIER CENTRAL FALSIFICATORII ACESTOR BILETE, ACEI CARI VOR FI INTREBUINTAT BILETE FALSE, COMPLICII LOR PRECUM SI ACEI CARI VOR FI INCERCAT A COMITE ASEMENEA FAPTE, VOR FI PEDEPSITI CONFORM LEGILOR PENALE
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This note was issued in the final, chaotic months of the Romanian monarchy. By December 1947, King Michael had been forced to abdicate and the People's Republic proclaimed — the currency reform that followed in January 1952 wiped out savings on a punishing conversion scale, effectively rendering all preceding banknotes worthless as financial instruments overnight.

P#65 is among the last issues carrying the old republican-transitional imagery before the communist state redesigned the entire series. Surviving circulated examples often show the creasing patterns typical of notes hoarded rather than spent — Romanians in this period frequently pulled cash out of banks in anticipation of exactly the kind of confiscatory reform that eventually came.

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