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| Issuer | Orașul Arad (City of Arad) |
|---|---|
| Year | 1920 |
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| Shape | Rectangular |
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| Obverse description | Plain cream-coloured note with a red guilloche vignette occupying the upper and central portions, within which the denomination numeral '50' appears in a large violet typeface inside a circular guilloche frame, flanked by 'fil.' on each side. The issuer name 'ORAȘUL ARAD.' is printed in bold letterpress at the top, with the title 'Bilet de Cassă' in large display type overlaid on the guilloche. The redemption clause and the communal council attribution are set in smaller letterpress text in the lower portion. |
|---|---|
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| Reverse description | Plain cream-coloured note with a dotted rectangular border. The year '1920' is printed in large spaced letterpress numerals at the top, followed by the denomination 'fil. 50 fil.' in bold type at centre. The lower portion carries an anti-counterfeiting warning text in justified Romanian letterpress. |
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| Comments |
Arad was formally awarded to Romania by the Treaty of Trianon in June 1920, but the administrative and monetary transition was already underway well before that. This 50 Fileri note is a product of that chaotic interval — issued by the municipality itself to address a severe shortage of small-denomination coinage that neither the departing Hungarian system nor the incoming Romanian one had adequately solved. Local emergency issues of this kind were common across the formerly Hungarian territories in 1919–1920, printed cheaply and circulated within tight geographic limits.
The continued use of "Fileri" — the Hungarian subdivision of the Korona — rather than Romanian Bani places this note precisely at the cusp of the changeover.