Federal Democratic Republic of Yugoslavia 1944 10 Dinara banknote (PMG 40 Extremely Fine)
In 1944, the Federal Democratic Republic of Yugoslavia (Demokratska Federativna Jugoslavija), which was born amid the chaos of World War II, issued its own banknotes as a symbol of the new national system. Of these, the 10 dinar note is particularly noteworthy. Symbolizing national unity, the liberation of the homeland, and the beginning of the socialist system, this banknote is a precious gem with both historical and cultural value.
The note featured on this page is an original 10 dinar note issued in 1944, rated "Extremely Fine (40)" by the third-party appraisal agency PMG. It is in extremely good condition for a wartime note, and its paper quality has been certified as exceptionally high.
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Cover design: A young soldier defending his homeland
On the right side of the banknote is a portrait of a young partisan soldier with a brave expression. The rifle slung over his shoulder symbolizes his readiness to fight for the freedom of his homeland. This is more than just a portrait; it is an iconography that pays tribute to the unity of the Yugoslav People's Army and the War of Liberation, and also served to boost the morale of the people at the time.
The portrait is surrounded by the names of the main ethnic groups and regions that made up the Yugoslav Federation at the time, such as "Serbia," "Croatia," "Slovenia," and "Macedonia." This is a very important design that visually expresses the unity of the country as a federal state.
The denomination of "10 DINARA" is written in large letters in the center, and the background features a complex geometric watermark design, which aims to prevent counterfeiting and add artistic value to the banknote.
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Reverse design: National emblem marking the birth of a new nation
The center of the reverse features a powerful depiction of the coat of arms of the new Yugoslav state. The flaming torch symbolizes the National Congress of November 29, 1943, and is wrapped around a ribbon bearing the date. This coat of arms is widely recognized as a celebration of socialist ideals and the establishment of a federal state.
The face value of "10" is also printed large on the back, surrounded by the words "Demokratska Federativna Jugoslavija (Federal Democratic Republic of Yugoslavia)" in multiple languages. This design represents the unity and equality of a multi-ethnic nation, and the banknote itself can be considered a kind of national declaration.
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Historical background: World War II and the transformation of Yugoslavia
This banknote was issued in 1944, a time when Yugoslavia was in the process of liberation from Nazi German occupation. The Partisans (People's Liberation Army), led by Josip Broz Tito, were mounting a resistance movement that transcended ethnic differences and, with the support of the Allied forces, were working to achieve the liberation of Yugoslavia.
In response, the Provisional Government of the Federal Democratic Republic rushed to establish a new currency system and issued this 10 dinar note. It rejected the previous currency issued by the monarchy and circulated it as a symbolic note that represented the new economy and sovereignty under a socialist system.
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Specifications and features of banknotes
・Year of issue: 1944
-Issuing country: Federal Democratic Republic of Yugoslavia (DF Yugoslavia)
- Face value: 10 dinars
・Printing technology: Offset printing/Multilingual
- Anti-counterfeiting: complex geometric patterns and background textures
・Paper quality: Very good (PMG certified Exceptional Paper Quality)
・Certification grade: PMG 40 Extremely Fine
・Serial number: 2447612-003 (Pick# 50a)
・Security Thread: None (Without Security Thread)
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Collector value and rarity
This banknote has both historical and political significance as one of the first Yugoslav banknotes issued during wartime. Many wartime banknotes are in poor condition due to circulation and wear, making this note, graded "Extremely Fine (EF40)" by PMG, an extremely rare collector's item.
Furthermore, due to the existence of printing errors and serial number variations, they are traded at high prices in some collector markets. In particular, banknotes with the national emblem intact and those with sharp overall printing and good coloring are thought to be likely to increase in value in the future.
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GoldSilverJapan Quality Guarantee
All banknotes and coins sold at our store are evaluated and verified by international appraisal institutions. This 10 dinar banknote also comes with a certificate of authenticity from PMG, guaranteeing its authenticity and quality. This is an exceptional item that we can confidently present to collectors who love history and beauty.
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Conclusion: A timeless symbol of hope
This 10 dinar note, which was created in the turbulent times of 1944, carries a strong message as a symbol of the nation's new beginning, national unity, and socialist ideals. Its artistic merit, political background, and rarity all combine to make it a masterpiece with hidden value beyond just a banknote.
Be sure to add this piece of history to your collection.
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