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100 Lei State Bank
| Issuer | Banca de Stat a Republicii Populare Române |
|---|---|
| Year | 1952 |
| Type | Standard circulation banknote |
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| Obverse description | At left, an intaglio portrait vignette of Nicolae Bălcescu is set within a circular frame against a blue guilloche underprint. The state coat of arms of the Romanian People's Republic appears at upper right, while the large denomination numeral "100" is placed at lower left. The inscription "UNA SUTA LEI" runs in bold letterpress at centre-right, with the year date 1952 printed below. |
|---|---|
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| Variants | P#90a - red Block # and serial # P#90b - blue Block # and serial # |
| Comments |
Romania's 1952 currency reform was a brutal instrument of economic control. The conversion rate applied to old lei varied depending on the holder — wage earners received a more favorable rate than those with savings, a deliberate policy designed to penalize accumulated private wealth and accelerate the destruction of the bourgeois class the new regime considered a political threat.
This note was issued under that reformed system. P#90 is common in circulated grades but surfaces far less often in higher condition, largely because Romania's postwar economy kept notes in active use until they were nearly illegible.