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50 Perpera
| Issuer | Glavna Državna Blagajna (Chief State Treasury of Montenegro) |
|---|---|
| Year | 1914 |
| Type | Log in to see details |
| Value | 50 Perpera |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Главна Државна Благајна исплаћује доносиоцу ове упутнице ПЕДЕСЕТ ПЕРПЕРА Вриједи за годину дана Цетиње, 25. јула 1914 Предсједник Главне Државне Благајне Министар финансија |
| Reverse description | Log in to see details |
| Reverse lettering | КРАЉЕВИНА ЦРНАГОРА ПЕДЕСЕТ ПЕРПЕРА Упутница издана на основу закона од 25. јула 1914. Правиле и противзаконе лажних упутница казниће се по §§ 145 и 146. кривичног закона. |
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| Comments |
Montenegro's decision to print its own currency at Cetinje in 1914 was born of necessity — the country lacked access to major Western printing houses as war closed in. The Glavna Državna Blagajna had issued earlier perpera notes through more sophisticated arrangements, but by 1914 that was no longer possible. Domestic production meant simpler security, hence the reliance on underprint alone.
The perpera itself had only existed since 1906, pegged to the French franc at parity. This note was issued just months before Austro-Hungarian forces occupied Montenegro in early 1916, effectively ending the currency's practical life.