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2 Perpera - Nikola I

Issuer Montenegro
Year 1910
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Reference(s) KM#7
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Reverse description The crowned and mantled coat of arms of Montenegro occupies the central field, depicting a double-headed eagle beneath a princely crown with a draped mantle on either side. The shield is flanked by olive and oak sprigs that curve upward from the exergue. The denomination 2 appears prominently on a ribbon below the arms, with ПЕРПЕРА inscribed on a rectangular tablet beneath it, and the date 1910 in the exergue. The Cyrillic legend КЊАЖЕВИНА ЦРНА ГОРА arcs around the upper periphery, and a beaded border encircles the entire design.
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Reverse lettering КЊАЖЕВИНА ЦРНА ГОРА 2 ПЕРПЕРA 1910
(Translation: Principality of Montenegro 2 Perpera 1910)
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Additional information

Montenegro's 1910 coinage was issued to mark the proclamation of the kingdom — Nikola I elevated the principality to a full monarchy that year, a political move designed partly to assert parity with neighboring Serbia and the broader European royal order. The perpera itself had only been introduced in 1906, replacing the prior perper system and aligning Montenegro's currency formally with the Latin Monetary Union's silver standards, though Montenegro was never actually a member state.