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50 Banica

Issuer Nezavisna Drzava Hrvatska
Year 1942
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Engraver(s) Ljubo Babić
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Reverse lettering NEZAVISNA DRŽAVA HRVATSKA
PETDESET BANICA
ZAGREB 25 RUJNA 1942
DRŽAVNI RIZNIČAR
(Translation: Independent State of Croatia Fifty Banica Zagreb 25 September 1942 State Treasurer)
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Variants P#6a - Single letter prefix
P#6b - Double letter prefix
P#6s - Specimen. Red overprint: UZORAK
Comments

The Nezavisna Država Hrvatska — the Ustaše puppet state installed by the Axis powers in April 1941 — introduced the kuna as its currency that same year, replacing the Yugoslav dinar. This 50 banica fractional note was part of the auxiliary coinage-replacement series issued as metal shortages made small coin production impractical. Ljubo Babić, a legitimately distinguished Croatian painter and stage designer, handled both the design and engraving — an unusual concentration of artistic responsibility in one hand for a wartime emergency issue.

The HDT in Zagreb produced the entire run domestically, which was itself a point of ideological significance for a regime obsessed with demonstrating administrative self-sufficiency.

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