Bankarstvo (Jan 2017)
The 1-dinar and ½-dinar banknotes from 1919: The first banknotes of the Kingdom of SCS
Abstract
Since the National Bank of the Kingdom of SCS was not constituted until 26 February 1920, the Privileged National Bank of the Kingdom of Serbia released into circulation the banknotes of the Kingdom of SCS to replace its own 10- and 100-dinar banknotes payable in silver, according to the bylaw of the Ministry of Finance as of 17 November 1919. The 1-dinar banknote was released into circulation on 20 November and the 1/2-dinar banknote on 26 November 1919. The 1/2-dinar banknote was prepared in a private printing house in Zagreb, and the 1-dinar banknote in the Banque de France printing house in Paris. The withdrawal of the 1- and 1/2-dinar banknotes from circulation was never officially announced, but they were most probably withdrawn at the same time as the dinar-crown banknotes worth 1 dinar (4 crowns) and 1/2 dinars (2 crowns).
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