| Opis awersu |
Gray-green wavy-line underprint on white paper with blue letterpress text throughout. The denomination numeral "50" appears in large ornate type at both left and right, flanked by vertical borders of stylized leaf-and-vine ornaments. The issuing authority "SLOB. I KR. GLAVNI GRAD ZAGREB" is inscribed across the upper portion, with the central text block stating the redemption pledge of the city treasury, the denomination in words and figures, the date "ZAGREB, 14. LIPNJA 1919", and the title "GR. NAČELNIK" above a manuscript signature. |
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| Opis rewersu |
Gray-green underprint with a finely engraved panoramic vignette of the Zagreb cityscape occupying the central field, bordered by a textured guilloche frame. Denomination numerals "50" appear in each corner. An anti-counterfeiting warning legend runs along the lower margin. |
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Zagreb's city treasury issued emergency fractional notes in 1919 to address the acute coin shortage that plagued the newly formed Kingdom of Serbs, Croats and Slovenes in its first months. The collapse of Austro-Hungarian monetary infrastructure left small-denomination coinage essentially unavailable across much of the former empire's territory, and municipal bodies across the region filled the gap with locally printed scrip — none of which carried any guarantee beyond the issuing city's own credit.
The Zagreb series circulated alongside similar municipal issues from other Yugoslav towns, all of questionable legal standing under the new state's emerging monetary framework.