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10 Lei

Issuer Romania
Year 1877
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Value 10 Lei
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Obverse lettering 10 10 BILET HYPOTHECAR DECE LEI Casier cal al Tesaurului MINISTRU DE FINANCIE MEMBRII AI COMITETULUI BILETELOR HIPOTHECARE 12 JUNIU 1877 A. BRAMTOT et G. DUVAL fec. P. DUJARDIN sc.
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Protection description Laureate head of Emperor Trajan facing inward, incorporated within the left circular guilloche medallion on the obverse.
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Comments

Romania's first domestically-authorized paper currency series, of which this is part, was issued in the immediate aftermath of the country's declaration of independence from Ottoman suzerainty during the Russo-Turkish War. The Banca Națională did not yet exist — that institution wouldn't be established until 1880 — so these notes were issued under state authority, a stopgap instrument for a country reconfiguring its finances at speed.

Bramtot and Duval were Imprimerie Nationale staff artists whose names appear across multiple French colonial and foreign government commissions of the period. Dujardin's intaglio work on this series is notably fine for a first-issue contract.

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