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50 Perpera

Issuer Glavna Državna Blagajna Crne Gore (Main State Treasury of Montenegro)
Year 1914
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Shape Rectangular
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Obverse lettering Главна Државна Благајна доносиоцу ове упутнице
ПЕДЕСЕТ ПЕРПЕРА
Серија Б.
50
Председник Главне Државне Касе
Министар Финансија
Цетиње, 4 јула 1914.
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Protection description Purple circular official control stamp applied to both obverse and reverse of the note.
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Comments

Montenegro's Main State Treasury issued this note in 1914 under conditions of acute military pressure — the country had barely recovered from the Balkan Wars when the First World War began, and paper currency became a financial improvisation rather than a planned monetary instrument. Printing at Cetinje, the royal capital, meant minimal industrial infrastructure and no access to specialist security printers.

The control stamp substitutes for the engraved security features that a major printing house would have provided. It is a telling sign of how quickly this currency was put together.

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