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5 Perpera

Issuer Glavna Državna Blagajna (Main State Treasury) of Montenegro
Year 1914-2014
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Currency Perper (1906-1918)
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Reverse description Printed entirely in red, the reverse is dominated by a dense microtext underprint of repeating 'КРАЉЕВИНА ЦРНА ГОРА' (Kingdom of Montenegro) covering the full field. Centered is the royal arms of Montenegro within an ornamental vignette, surmounted by the bold Cyrillic legend 'КРАЉЕВИНА ЦРНА ГОРА' and the denomination 'ПЕТ ПЕРПЕРА'. Below the arms, two lines of smaller text cite the legal basis of issue and a warning against counterfeiting referencing Articles 145 and 146 of the criminal code, with the denomination numeral '5' repeated in each corner.
Reverse lettering КРАЉЕВИНА ЦРНА ГОРА
ПЕТ ПЕРПЕРА
Упутница издана на основу закона од 25. јула 1914.
Привјесање и продурање јавних упутница кажњава се по § § 145 и 146. кривичног закона.
(Translation: THE KINGDOM OF MONTENEGRO / FIVE PERPERA / Note issued on the basis of the law of 25 July 1914. / Counterfeiting and fraudulent alteration of public notes is punishable under §§ 145 and 146 of the criminal code.)
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Comments

Montenegro's Main State Treasury issued this note in 1914 under extraordinary pressure — the country was simultaneously fighting the Second Balkan War's aftermath and mobilizing for what would become the First World War. The perpera itself had only existed since 1906, replacing the Austrian-influenced groschen system when Montenegro formalized its own monetary identity after achieving international recognition.

The 2014 date in the catalog data almost certainly reflects a centenary commemorative reissue, a practice the Montenegrin postal and numismatic services have used to mark significant historical anniversaries. The original 1914 printing was a domestic emergency issue — Montenegro lacked a central bank, which is precisely why the State Treasury rather than any banking institution held the authority to emit currency.

Pick 17 for the original series.

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