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2 Perpera
| Issuer | Glavna Državna Blagajna (Main State Treasury) of Montenegro |
|---|---|
| Year | 1914 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Protection type | Typographic underprint |
| Protection description | A repetitive typographic underprint covering the entire reverse with the text КРАЉЕВИНАЦРНАГОРА in continuous rows, serving as a security background against counterfeiting. |
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| Comments |
Montenegro printed its own banknotes domestically at Cetinje, which was unusual for a small Balkan state — most contemporaries outsourced to Vienna, Paris, or London. The 1914 issue came as the country was mobilizing for what would become its final independent war effort before the 1916 Austro-Hungarian occupation effectively ended Montenegrin statehood for several years.
The typographic underprint was the only real security measure available given the limitations of local printing. Sophisticated counterfeiting wasn't the primary concern — the occupation was.