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20 Helera

Issuer Municipality of Sarajevo (Opština Glav. Grada Sarajeva)
Year 1919
Type Local banknote
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Obverse description Latin-script text on yellowish paper with a light blue-violet guilloche underprint forming a decorative geometric border. The issuer's name appears at the top in bold uppercase letterpress, followed by the denomination 'sa 20 helera' in large bold type at centre. Below, the date 'Sarajevo, 20. sept. 1919' and the title 'Predsjednik opštine' appear alongside a manuscript signature, with an authorisation text in italic script occupying the lower portion.
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Reverse lettering ОПШТИНА ГЛАВ. ГРАДА САРАЈЕВА.
Ову напутницу измјењују све град. благајне
са 20 хелера
у законитој вриједности до 31. децембра 1919.
Сарајево, 20. септ. 1919. Предсједник општини:
Одобрено по министарству финансија наред-бом од 9. јула 1919. I. бр. 1796 шиме, да овај ситни папирни новац може циркулирати само у подручју града Сарајева.
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Sarajevo's municipal emergency notes of 1919 belong to a specific and chaotic window: the Kingdom of Serbs, Croats and Slovenes had just been proclaimed, but no unified currency had been established, and the transition away from Austro-Hungarian Kronen left local economies scrambling. Municipalities across the former imperial territories issued their own notgeld-style scrip to fill the void — Sarajevo among them.

Locally printed on whatever stock was available, these small-denomination pieces show it. Paper quality varies significantly across surviving examples, a direct consequence of wartime and immediate postwar supply shortages in Bosnia.