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1 Perper
| Issuer | Glavna Državna Blagajna (Main State Treasury) of Montenegro |
|---|---|
| Year | 1914 |
| Type | Standard circulation banknote |
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| Obverse description | Central oval guilloche frame enclosing the denomination numeral '1' in large red print on either side, with the Cyrillic text 'ЈЕДАН ПЕРПЕР' in bold across the middle. A vignette at the top centre displays the Montenegrin royal arms flanked by two small cartouches inscribed 'КРАЉЕВИН ЦРНАГОРА'. Below the denomination title, two manuscript signatures appear above their respective titles, with the serial number and series letter printed at both the upper and lower portions of the note; a date inscription at the bottom reads 'Цетиње, 25 јула 1914'. |
|---|---|
| Obverse lettering | КРАЉЕВИН ЦРНАГОРА Главна Државна Благајна исплатиће доносиоцу ове упутнице Један Перпер ЈЕДАН ПЕРПЕР Председник Главне Државне Контроле Министар финансија Вриједи за годину дана. Цетиње, 25 јула 1914 |
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| Comments |
Montenegro printed its own currency domestically at Cetinje — an unusual step for a small state that had previously relied on foreign presses. The 1914 issue came as the country mobilized for the Second Balkan War's aftermath and the opening of the First World War simultaneously, placing extraordinary strain on the treasury. Printing locally gave the government speed but sacrificed the security features that western European printers routinely incorporated.
The Perper series of 1914 is notably prone to foxing and paper degradation, a known consequence of the lower-grade stock used under wartime conditions at Cetinje.