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5 Perpera

Issuer Glavna Državna Blagajna (Main State Treasury) of Montenegro
Year 1914
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Currency Perper (1906-1916)
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Obverse description The obverse is printed in red-brown on plain paper within an oval guilloche border, with the numeral 5 in large bold type at left and right. The central text block carries the Cyrillic legend ПЕТ ПЕРПЕРА in large display lettering, above which appears the issuing authority text and below which are the printed signature lines for the President of the Main State Audit and the Minister of Finance, accompanied by two handwritten signatures and a large circular violet official stamp. Serial number and series designations appear in the upper corners and in two rectangular boxes at the lower left and right, with the date and place of issue — Cetinje, 25 July 1914 — inscribed at the foot.
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Reverse description The reverse is printed in red-brown and carries an all-over letterpress underprint of the repeated Cyrillic text КРАЉЕВИНА ЦРНАГОРА forming a fine trellis pattern across the entire field. At centre, the large Cyrillic inscription КРАЉЕВИНА ЦРНАГОРА appears above the bold denomination legend ПЕТ ПЕРПЕРА, with a faint circular vignette in the middle of the field bearing a violet official stamp. Below the denomination, additional legal text references the law of 25 July 1914 and a penalty clause against counterfeiting, with the numeral 5 repeated in each corner.
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Comments

Montenegro printed its own currency at Cetinje under genuinely difficult conditions — the kingdom lacked a central bank entirely, and the Glavna Državna Blagajna functioned as both treasury and de facto bank of issue. This note appeared in 1914, the same year Montenegro mobilized against Austria-Hungary, and the wartime circumstances show: domestic printing meant no access to the intaglio presses or security paper that neighboring states took for granted.

The official stamp is the primary anti-counterfeiting measure — a blunt solution, but the only practical one available locally. Notes from this series are frequently found with uneven stamping or misaligned impressions, which are production features, not damage.

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