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2 Perpera

Issuer Glavna Državna Blagajna (Main State Treasury) of Montenegro
Year 1914
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Currency Perper (1906-1918)
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Obverse description The obverse is dominated by a central oval guilloche frame enclosing the denomination numeral '2' on each side and the Cyrillic inscription ДВА ПЕРПЕРА in bold letterpress. Above the oval, a decorative vignette with a balance scale flanked by ornamental scrollwork bears the legend КРАЉЕВИНА ЦРНАГОРА at upper left and right. The main text in Cyrillic informs the bearer that the Main State Treasury will pay the sum of Two Perpera, with the date Cetinje, 25 July 1914 inscribed at the foot within a decorative panel. Two signature lines for the President of the Main State Comptroller and the Minister of Finance appear in the lower central portion, accompanied by serial number and series designators in the corners.
Obverse lettering КРАЉЕВИНА ЦРНАГОРА
Главна Државна Благајна исплатиће доносиоцу ове упутнице Два Перпера
ДВА ПЕРПЕРА
Предсједник Главне Државне Контроле,
Министар финансија,
Вриједи за годину дана.
Цетиње, 25 јула 1914.
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Comments

Montenegro's paper currency in 1914 was a political statement as much as a financial instrument. The kingdom had only recently emerged from the Balkan Wars, and the Montenegrin government was operating without access to a major foreign printing house — the note was produced locally at Cetinje, the capital, which accounts for the relatively simple letterpress construction. No Waterlow, no American Bank Note Company; what you get here is domestic production under wartime-adjacent pressure.

Within months of issue, Austrian forces would occupy Cetinje. Notes of this series were disrupted in circulation almost immediately, which keeps surviving examples rarer than the issue date alone would suggest.

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