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50 Para - Milan Obrenović IV
| Issuer | Principality of Serbia |
|---|---|
| Year | 1875 |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
| Thickness | 1.2 mm |
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| Obverse description | Bare-headed effigy of Prince Milan M. Obrenović IV facing left, rendered in fine low relief with naturalistic detail to the hair and facial features. The portrait occupies the central field, with the engraver's initials 'A.S.' (Anton Scharff) positioned in the lower field beneath the truncation. A circular Cyrillic legend surrounds the bust, reading 'МИЛАН М. ОБРЕНОВИЋ IV. КЊАЗ СРПСКИ', identifying the prince by name and title. The entire design is contained within a uniform beaded border. |
|---|---|
| Obverse script | Cyrillic |
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| Additional information |
Serbia's 1875 coinage program was among the first nationally issued struck coinage for the Principality following decades of reliance on Ottoman and Austrian currency circulating alongside locally cast issues. Milan Obrenović IV had been ruling since age fourteen under a regency, and the coinage of this period reflects his government's deliberate effort to assert Serbian monetary independence ahead of the formal declaration of a kingdom, which came in 1882.
The .835 fineness matches the Latin Monetary Union standard, a calculated alignment that facilitated acceptance of Serbian silver in regional trade without formal LMU membership.