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50 Dinara

Issuer Privilegovana Narodna Banka Kraljevine Srbije (Privileged National Bank of the Kingdom of Serbia)
Year 1914
Type Standard circulation banknote
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Obverse description The face is printed in purple-brown on a pale guilloche underprint and presents two intaglio-engraved vignettes within ornate arched frames: a Serbian soldier in full uniform at left and a peasant woman in traditional folk costume at right. The denomination numeral 50 appears at the top centre within an interlaced knotwork panel, flanked by serial number and series prefix at the upper corners. The issuing bank name in Cyrillic and the promise-to-pay clause in large letterpress text occupy the central field, with the date Београд 1. Августа 1914 and two manuscript signatures below.
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Protection type Ornament in paper
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Comments

The Privileged National Bank of the Kingdom of Serbia contracted the Banque de France to produce this series, an arrangement that reflected both the technical limitations of Serbian printing infrastructure and the close financial ties between Belgrade and Paris in the years preceding the First World War. Beta Vukanović, one of Serbia's most accomplished artists of the period, provided the design work — an unusual degree of national creative input for a note produced entirely abroad.

The 1914 dating places this issue at the outbreak of the war with Austria-Hungary, which almost immediately disrupted normal banking operations and circulation channels. Notes from this series were printed but distribution was severely complicated by the Serbian army's forced retreats of 1914–1915.