5 Stotinki - Ferdinand I

Bulgaria's small-denomination coinage of this period was struck almost entirely at the Kremnica Mint in Hungary — a pragmatic arrangement for a young kingdom still building state infrastructure after full independence from Ottoman suzerainty was formalized in 1908. The Schön 24.1 and 24.2 varieties reflect a lettering modification made mid-series, a minor but catalogued distinction that occasionally catches collectors off guard when attributing by reference number alone.