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500 Dinara

Issuer Narodna Banka Kraljevine Jugoslavije
Year 1943
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Value 500 Dinara
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Obverse description Printed in brown, the obverse centres on an oval intaglio portrait of King Peter II in a suit, set within an ornate guilloche frame flanked by rosette vignettes and the numeral '500' on either side. The issuing authority inscription in Cyrillic curves across the upper portion of the note above the central vignette, with the denomination spelled out in Cyrillic letters along the lower margin. Signature areas appear at the lower left and lower right, with decorative geometric borders framing the entire face.
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Reverse lettering KRALJEVINA JUGOSLAVIJA
PET STOTINA DINARA
500
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Comments

Pick 35E belongs to a series issued by the Royal Yugoslav government-in-exile in London, with printing handled by De La Rue. By 1943, the Kingdom of Yugoslavia existed on paper only — the territory was carved between the Axis occupiers and their proxy administrations, and these notes were prepared in anticipation of liberation and postwar restoration of the monarchy.

That restoration never came. The communist-led Partisans emerged victorious, and the entire London-printed series was rendered politically obsolete before it could meaningfully circulate. Survivor quantities depend heavily on which consignments reached Yugoslav soil and which remained in storage abroad.