Bankarstvo (Jan 2015)
Ten-dinar banknote from 1887 and 1893
Abstract
The 10-dinar banknote payable in silver, second issue, appeared less than two years after the temporary banknote of the same denomination was put into circulation in 1885. According to the data of the National Bank, 10,875,000 pieces of this banknote were issued in the nominal value of 108,750,000 dinars. It definitely stopped being the legal tender on 3 September 1921. This banknote is interesting as the carrier of two currencies, dinars on the one side, and francs, on the other. The 10-dinar banknote of the Privileged National Bank of the Kingdom of Serbia was prepared in 1893, but it was not until 13 September 1908 that it was put in circulation. Just like the previous one, this banknote was prepared in Banque de France in Paris by the same authors. With its 23,941,000 pieces, this banknote remained in circulation for full 25 years. The decision of the National Bank of Serbs, Croats and Slovenes about its retraction was published on 19 July 1928, but it was from 31 March 1934 that it definitely stopped being used. Interestingly enough, this banknote was used by the Serbian refugees in the First World War, who exchanged them in Paris and Zurich for French and Swiss francs at a stable rate.
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