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| Issuer | Bulgarian National Bank |
|---|---|
| Year | 1919-1920 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | First lev (1881-1952) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 100 СТО ЛЕВА БЪЛГАРСКАТА НАРОДНА БАНКА Плаща прѣдѫвителю въ замѣна на таѫ банкнота СТО ЛЕВА ЗЛАТО Управитель Касиеръ THRACE INTERNATIONALE (Translation: One hundred leva. The Bulgarian National Bank pays the bearer for the exchange of this banknote one hundred leva gold. Governor / Cashier.) |
| Reverse description | Log in to see details |
| Reverse lettering | 100 СТО ЛЕВА ЗА ПОДПРАВКА ВИНОВНИТЕ СЕ НАКАЗВАТЪ СЪГЛАСНО §§ 183 И 191 ОТЪ НАКАЗ. ЗАКОНЪ (Translation: One hundred leva. For forgery, the guilty are punished according to articles 183 and 191 of the Penal Code.) |
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| Comments |
Bulgaria emerged from the First World War on the losing side, and the financial strain was severe. The "Zlato" — gold — designation on this note was aspirational at best; it notionally pegged the value to a gold standard that Bulgaria was in no practical position to maintain, particularly under the reparations terms imposed by the Treaty of Neuilly-sur-Seine in November 1919.
The two-year window of this issue reflects the instability of the period rather than a planned series change. Successive overprints and authorization renewals were common across Bulgarian notes of this stretch.