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400 Kruna overprint on 100 Dinara

Issuer Ministry of Finance of the Kingdom of Serbs, Croats and Slovenes
Year 1919
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Value 400 Kruna
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Reverse description The reverse, printed in pale violet-rose, presents four intaglio portrait medallions of classical female heads set into ornate circular frames at each corner of the elaborately guilloche-patterned field. The central area carries the large denomination numerals '100' flanked by the legend 'CENT DINARS CENT' in letterpress, with the overprinted value 'КРУНА 400 KRUNA / KRON.' applied in red at the lower centre. The issuing authority inscription 'MINISTÈRE DES FINANCES DU ROYAUME DES SERBES, CROATES ET SLOVÈNES' appears in French at the top.
Reverse lettering MINISTÈRE DES FINANCES DU ROYAUME DES SERBES, CROATES ET SLOVÈNES
CENT DINARS CENT
100
КРУНА 400 KRUNA
KRON.
A. VAUTHIER GA SC. H CABASSON INV-DIREX L. MASSEY
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Comments

When the Kingdom of Serbs, Croats and Slovenes was proclaimed in December 1918, it inherited a monetary patchwork — Serbian dinara, Austro-Hungarian kronen, and various occupation currencies all circulating simultaneously across territories that had never shared a common economy. This note addresses that problem directly: rather than printing new stock, the Ministry of Finance overstamped existing French-printed 100 Dinara notes with a 400 Kruna value, creating a temporary bridge instrument for the newly incorporated Slovenian and Croatian territories where krone-based pricing was still the daily reality.

The underlying Banque de France plate — engraved by Massey, designed under Harang's direction — was already in use for Serbian state purposes before the war ended. The overprint repurposed it wholesale, which made fiscal sense but produced a note whose face value bore no logical relationship to its printed denomination by conventional reckoning.

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