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2016, vol. 45, iss. 1, pp. 124-131
Coins from 1912
Udruženje banaka Srbije

emailsvetlana.pantelic@ubs-asb.com
Keywords: Minister of Finance; dr Lazar Paču; silver coins; National Assembly; Ministerial Council; Georg Weifert; Governor; Privileged National Bank of the Kingdom of Serbia; Royal Hungarian Minting House; King Petar I Karadjordjević; nickel coins; 50 paras; 1 dinar; 2 di
Abstract
Pursuant to the Decree of HRH King Petar I Karadjordjević as of 20 March 1913, the Minister of Finance, Lazar Paču, submitted to the National Assembly the Draft Law on Minting Silver and Nickel Coins, i.e. 50-para, 1- and 2-dinar silver coins and 5-, 10- and 20-para nickel coins. The Law came into effect on 2 April 1913. In addition to the already ordered 5 million pieces of 50-para, 1- and 2-dinar silver coins, the Minister ordered another 800,000 pieces of 2-dinar coins, 1 million pieces of 1-dinar coins and 800,000 pieces of 50-para coins, the total value of which amounted to 5 million dinars. Moreover, he ordered the following nickel coins: 5,650,000 pieces of 20-para coins, 7,700,000 pieces of 10-para coins and 10 million pieces of 5-para coins, the total value of which amounted to 2.4 million dinars. The National Bank signed an agreement with the Main Imperial and Royal Minting House in Vienna which minted the largest amount of coins, whereas the Royal Hungarian Minting House minted only 1.5 million pieces of 1-dinar silver coins. The newly-minted silver coins arrived in Belgrade in ten tranches, the first one on 18 March 1913, and the last on 27 July the same year. The nickel coins arrived in 19 tranches, in the period from 13 June to 30 September 1913. The coins were transported by railway or by ship. The silver coins were legal tender until 28 June 1931 and the nickel coins until 30 November 1931.
References
Dugalić, V., Mitrović, A., Gnjatović, D., Hofman, G., Kovačević, I. (2004) Narodna Banka, 1884-2004. Beograd: Jugoslovenski pregled
Hadži-Pešić, J.V. (1995) Novac Srbije 1868-1918. Beograd: Narodna banka Jugoslavije
Matić, V. (2014) Finansije srpske / Serbian finances. Beograd: Udruženje banaka Srbije
Stojanović, Ž. (2004) Novčanice Narodne banke 1884-2004. Beograd: Jugoslovenski pregled
Stojanović, Ž. (2007) Nacionalni katalog novčanica Srbije i Jugoslavije. Beograd: Sanimex
 

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article language: Serbian, English
document type: Review Paper
DOI: 10.5937/bankarstvo1601124P
published in SCIndeks: 24/05/2016
Creative Commons License 4.0

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