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500 Denari

Issuer National Bank of the Republic of Macedonia
Year 1996
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Value 500 Denars (500 денари)
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Reverse description The reverse is centered on a large vignette of an opium poppy flower (Papaver somniferum) in vivid red intaglio, with a detailed botanical illustration of the poppy plant with seed pods extending to the right against a warm orange and ochre guilloche background. The denomination "500" appears in large white numerals at lower center-right, with the coat of arms printed in color at upper right. The issuing authority name runs along the top, and the vertical inscription "ЦВЕТ - АФИОН - МАКЕДОНИЈА" appears along the right margin.
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Protection description the Trebenište mask visible in the unprinted left margin area; embedded vertical security thread visible at left of the printed field on the obverse.
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Comments

Macedonia's 1996 issue came during the country's early years of international recognition — a period when the bank was still working to establish credible, modern currency infrastructure after independence from Yugoslavia in 1991. Giesecke & Devrient handled a substantial portion of the new Denar series, which gave the notes a consistency of production quality unusual for a newly sovereign issuer of this size.

The 500 Denar was the highest denomination in circulation at this point. Pick 17 is not especially scarce, but the 1996 date is the only year of issue for this denomination in this format before the series was eventually revised.

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