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2 Leva Srebro

Issuer Bulgarian National Bank
Year 1916
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Reference(s) P#15
Obverse description Central vignette occupied by the denomination inscription «ДВА ЛЕВА СРЕБРО» (Two Silver Leva) within a decorative frame, surrounded by fine guilloche ornamental work. The issuing authority's name and the payment obligation clause appear in Cyrillic lettering across the note.
Obverse lettering Два Лева Сребро Българската Народна Банка Плаща Прѣдѫвителю въ замѣна на таѫ банкнота
(Translation: Two Leva Silver The Bulgarian National Bank Pays the Bearer for exchange of this banknote)
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Comments

Bulgaria entered World War I on the side of the Central Powers in October 1915, and its banking infrastructure quickly became dependent on German printing capacity. This note was produced at the Reichsdruckerei in Berlin — a direct consequence of that alliance, which gave Bulgaria access to German state printing facilities for the duration of the war.

The "Srebro" designation — meaning silver — was a nominal promise the Bulgarian state had no practical ability to keep by 1916, as specie payments had been suspended. The word remained on the note regardless.

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