Catalog
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| Issuer | National Bank of Romania |
|---|---|
| Year | 1953-1958 |
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| Currency | Third leu (1952-2005) |
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| Obverse description | The state coat of arms of the Romanian People's Republic occupies the central field, depicting a mountainous landscape with forests and a rising sun in the background, framed by a wreath of wheat ears bound at the base. A derrick appears in the left portion of the shield, symbolizing industry. A five-pointed star surmounts the composition, and a ribbon at the base of the wreath bears the legend 'RPR' in raised Latin characters. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Romania's 1952 monetary reform wiped out savings overnight, replacing the old leu at punishing exchange rates that varied by account size — a deliberate mechanism for eliminating accumulated private wealth. The 5 Bani issued in its aftermath circulated under a command economy where coin production targets answered to the plan, not to demand. The National Bank existed in name only as an independent institution; by 1953 it functioned as a direct instrument of the Romanian Workers' Party.
The KM#83.2 designation distinguishes this from the .1 variety by a detail in the reverse lettering spacing.