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150 Novih Dinara National Bank
| Issuer | National Bank of Yugoslavia |
|---|---|
| Year | 1994 |
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| Engraver(s) | Dragomir Mileusnić |
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|---|---|
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| Obverse lettering | САВЕЗНА РЕПУБЛИКА ЈУГОСЛАВИЈА 150 НОВИХ ДИНАРА (Translation: Federal Republic of Yugoslavia 150 New Dinars) |
| Reverse description | The reverse displays a large, finely modelled dove in flight occupying the central field, carrying an olive branch in its beak — a classical symbol of peace — rendered in high relief against the polished proof surface. The Cyrillic commemorative legend СТО ДЕСЕТ ГОДИНА НАРОДНЕ БАНКЕ ЈУГОСЛАВИЈЕ arcs around the upper and left periphery, while the anniversary dates 1884-1994 appear prominently in the lower exergue. The design commemorates the 110th anniversary of the founding of the National Bank of Yugoslavia, combining symbolic imagery with a clean, elegant layout. |
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| Additional information |
Yugoslavia's 1994 gold coinage was struck under conditions of almost surreal economic collapse. By that year, the Yugoslav dinar had undergone a hyperinflationary spiral that briefly ranked as the second worst in recorded history — prices doubling every 34 hours at its peak in January 1994. The Novi Dinar redenomination, which gave this coin its face value, replaced the old dinar at a rate of one to one billion.
These gold issues were never intended for circulation. Produced for the hard-currency export market while domestic coinage was practically worthless, they represent the central bank functioning as a bullion broker rather than a monetary authority.