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500 Dinara Italian Occupation - overprinted on P#32 "VERIFICATO"
| Issuer | Italian Occupation Authority (Montenegro) |
|---|---|
| Year | 1941 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | НАРОДНА БАНКА КРАЉЕВИНЕ ЈУГОСЛАВИЈЕ ПЕТ СТОТИНА ДИНАРА 500 плаћа доносиоцу ДИНАРА 500 ДИНАРА Београд, 6 септембар 1935 ЧЛАН УПРАВЕ ГУВЕРНЕР ВЕЉКО А. КУН SC. О. МУЈАЏИЋ FEC. ВЕРИФИЦАТО |
| Reverse description | Central intaglio vignette of a seated peasant woman in traditional dress resting amid sheaves of wheat, surrounded by a row of similarly attired women harvesting in a field. A circular "VERIFICATO" overprint stamp appears at left. The denomination is repeated in large letterpress text at upper and lower margins within a guilloche rope border. |
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| Comments |
When Italy occupied Montenegro in April 1941 following the Yugoslav collapse, the occupying authorities needed an immediate monetary solution. Rather than introduce new currency, they reached for existing Yugoslav 500 Dinara notes — P#32 stock — and applied a simple "VERIFICATO" (verified) overprint to authorize continued circulation under Italian control. The occupied territory had no functioning central bank, and this stopgap avoided the delay of commissioning new plates.
The underlying note was engraved by Omer Mujadžić, one of the few trained intaglio engravers working in interwar Yugoslavia. The overprint itself is the historically significant element here — its presence is the only thing separating occupation currency from standard Yugoslav issue.