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50 Dinara

Issuer Srpska Narodna Banka (Serbian National Bank)
Year 1942
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Printer Zavod za Izradu Novčanica, Beograd
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Obverse description The left half of the note is dominated by an intaglio portrait vignette of Petar Petrović II Njegoš set within an ornate scalloped oval frame, surrounded by fine guilloche lacework. To the right, the denomination ПЕДЕСЕТ СРПСКИХ ДИНАРА is printed in large Gothic-style Cyrillic lettering against a light underprint, with the issuer name СРПСКА НАРОДНА БАНКА at top and the place and date БЕОГРАД, 1 МАЈ 1942 below. Numeral 50 appears in each corner within the guilloche border, and two manuscript signatures are printed below the denomination text.
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Reverse description The left portion of the reverse is occupied by a large central vignette of the Serbian double-headed eagle coat of arms set within a scalloped guilloche oval, rendered in brown intaglio on a finely engraved background. The right side carries the denomination ПЕДЕСЕТ СРПСКИХ ДИНАРА in bold Gothic Cyrillic script above a multicolour guilloche underprint in blue and brown tones. The issuer name СРПСКА НАРОДНА БАНКА appears in a dark panel at the upper right, with the numeral 50 in each corner, and a small anti-counterfeiting legend in fine print along the lower margin.
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Comments

The printing date of 30 April 1945 is the detail that matters here. Germany surrendered unconditionally on 8 May 1945 — meaning this note was printed by the Zavod za Izradu Novčanica in Belgrade in the final days of the Nazi-backed puppet administration, almost certainly never entering general circulation before the regime collapsed entirely.

The Serbian National Bank had operated under German occupation since 1941, its note issues functioning as instruments of an imposed financial order. Notes from the April 1945 printings are rare precisely because the issuing authority ceased to exist before distribution could occur.

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