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50 Perpera
| Issuer | Glavna Državna Blagajna (Main State Treasury) of Montenegro |
|---|---|
| Year | 1914 |
| Type | Log in to see details |
| Value | 50 Perpera |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain light ground with the denomination numeral 50 in all four corners. Large bold Cyrillic letterpress inscription КРАЉЕВИНА ЦРНА ГОРА occupies the upper portion, with ПЕДЕСЕТ ПЕРПЕРА below. A central violet circular control stamp with ornate guilloche surround is applied to the centre of the note. The legal authorisation line at the foot references the law of 25 July 1914. |
| Reverse lettering | КРАЉЕВИНА ЦРНА ГОРА ПЕДЕСЕТ ПЕРПЕРА У прилога закона од 25. јула 1914. |
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| Comments |
Montenegro issued this note through the Glavna Državna Blagajna — the Main State Treasury, not a central bank — in 1914, just as the kingdom was being pulled into the First World War alongside Serbia. The treasury notes of this series were emergency fiscal instruments, produced under conditions that made sophisticated security printing impossible. The control stamp was essentially the only authentication mechanism, which made counterfeiting a genuine concern from the outset.
Montenegro was overrun by Austro-Hungarian forces in early 1916, and much of the circulating paper currency was either destroyed, confiscated, or simply abandoned. Surviving examples from this issue that show actual circulation wear carry that collapse in their condition.