Scientific review article
Author: Svetlana Pantelić
doi: 10.5937/bankarstvo2001067P
Keywords: 50 dinars, silver coins, minting, the Minister of Finance, the Ministry of Finance, the Royal Mint, King Aleksandar I, coat of arms, the Kingdom of Yugoslavia
JEL: N14
SCINDEX
Summary: The Law on Minting Silver Coins, adopted on 14 August 1932, specifically defined the quantity, technical parameters and appearance of the future 50-dinar coin. In order to secure the 190 tonnes of silver needed for minting these coins, the Minister of Finance and the Ministry of Finance were forced to produce three decisions in a short time frame, pertaining to the prices and lists of Serbian and foreign pre-war silver coins which were meant to be redeemed. The Royal Mint in London made 5.5 million pieces of this silver coin, while the same quantity was minted in the Belgrade mint Kovnica AD. The engraver of the obverse was Richard Placht, while the reverse was engraved by Josef Prinz. The coin weighs 23g, with a diameter of 36mm. The obverse features the profile of Aleksandar I, the King of Yugoslavia, and the year 1932. The reverse shows the coat of arms of the Kingdom of Yugoslavia and the coin’s nominal value. The rim is engraved with the inscription: “God Save Yugoslavia”. The coins were released into circulation on 23 January 1933, and they were withdrawn in the period from 16 August 1939 to 16 February 1940.