Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
20 Perpera
| Issuer | Glavna Državna Blagajna (State Treasury of Montenegro) |
|---|---|
| Year | 1914 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 148 x 98 mm |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Brown on pale ground, the central field carries the large Cyrillic denomination inscription ДВАДЕСЕТ ПЕРПЕРА flanked by elaborate foliate and scrollwork side vignettes with ornamental cartouches. The royal coat of arms of Montenegro appears in the upper-left vignette, while the denomination numeral 20 is set within a plain framed panel at upper right. Serial number and date Cetinje, 25. jula 1914 appear in the central text block above two manuscript signature lines for the President of the State Control and the Minister of Finance, with serial prefix and number repeated in the lower corners. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Brown guilloche-patterned reverse with the denomination numeral 20 repeated in each of the four corners within plain framed panels. The heading КРАЉЕВИНА ЦРНАГОРА is inscribed at the top centre, below which the central vignette shows a crowned double-headed eagle, with the large Cyrillic text ДВАДЕСЕТ ПЕРПЕРА beneath it. A two-line legal clause and a penalty warning for counterfeiting appear in smaller text in the lower portion of the note. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Montenegro's State Treasury issued this note in 1914 under genuinely desperate conditions — the country had been continuously at war since 1912, first in the Balkan Wars and then sliding directly into the First World War. The Treasury, not a central bank, was responsible for emission precisely because Montenegro lacked one. These notes were a fiscal improvisation, backed by little beyond the government's stated authority.
The 1914 series was printed in Serbia before the Austrian occupation severed that option entirely. By late 1915, Montenegro was overrun, and unredeemed treasury notes became effectively worthless overnight.