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10 Perpera

Issuer Glavna Državna Blagajna (Main State Treasury) of Montenegro
Year 1914
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Composition Paper
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Obverse description Blue-tinted note with an ornate guilloche border enclosing the central text area. A small vignette with a coat of arms appears in the upper left, flanked by decorative foliate cartouches on either side. The serial number is printed at the top centre, with the denomination ДЕСЕТ ПЕРПЕРА in large Cyrillic letterpress at the centre, the date Цетиње, 25. јула 1914 below, and two manuscript signature lines at the lower centre representing the President of the Main State Control and the Minister of Finance.
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Reverse lettering КРАЉЕВИНА ЦРНАГОРА
ДЕСЕТ ПЕРПЕРА
Упутница издана на основу закона од 25. јула 1914.
Прављење и протурање лажних упутница казниће се по § 145 и 146. кривичног закона.
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Comments

Montenegro's wartime treasury notes of 1914 were printed domestically in Cetinje — an unusual choice, and a logistically constrained one. With the Balkan Wars barely concluded and the First World War opening on Montenegro's doorstep, sourcing foreign printing services was neither practical nor politically straightforward. The Glavna Državna Blagajna had been issuing treasury obligations since 1912, and this series continued that pattern of state-backed paper rather than central bank currency.

Domestic printing meant limited technical sophistication in the security features, and contemporary counterfeiting was a known concern with the series.

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