Bankarstvo (Jan 2018)

The American

  • Pantelić Svetlana

Journal volume & issue
Vol. 47, no. 1
pp. 98 – 105

Abstract

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After the First World War, the first banknote of the newly established National Bank of Serbs, Croats and Slovenes, the 10-dinar banknote, was made by the American Banknote Company in New York. A total of 50 million pieces of these banknotes were made in 50 series of one million pieces. They cost 750,000 dollars, which at that time amounted to 33,750,000 dinars. The banknote is dated 1 November 1920, and it was released on 5 August 1922. The withdrawal from circulation began in July 1932. It lost its status of a legal tender on 18 July 1935. The numismatists named it the American because of its appearance, since it was modelled after the dollar, featuring several shades of blue.

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