Montenegro
Montenegro was established as a Prince Bishopric (1516-1852). In 1852 it became the Principality of Montenegro (1852-1910). In 1910, it became a Kingdom under Nicholas I (1910-1918) until it merged with the Kingdoms of Serbia and part of the former Austrian Empire to become part of the Kingdom of Yugoslavia.
The perper was the currency for a short period, 1906-1918. This coinage matched Austria-Hungary at the time, which itself matched the LMU standard (except the 5 currency units silver, at 24 grams rather than 25 grams). This matches the 24 gram coins of the Austro-Hungarian Empire, which Montenegro had a close relationship with.
Montenegro’s gold coinage had a higher gold content than the LMU standard (6.78 grams rather than 6.45 grams).
Circulation Coins
Certain images are clickable for more detail
5 Perpera (24 grams)
1909 (Nikola I)
(Image: Heritage Jan 2021)
5 Perpera (24 grams)
1912-1914 (Nikola I)
(Image: Heritage Nov 2020)
2 Perpera
1910 (Nikola I)
(Image: Katz May 2023)
2 Perpera
1914 (Nikola I)
(Image: Katz May 2023)
1 Perpera
1909 (Nikola I)
(Image: Katz Dec 2018)
1 Perpera
1912-1914 (Nikola I)
Non-Matching Gold
At 6.78 grams, the 20 Perpera had a 5% higher gold content than the LMU standard 20 francs.
100 Perpera
1910 (Nicholas I)
(Image: Heritage Aug 2022)
100 Perpera
1910 (Jubilee)
(Image: Heritage Jan 2020)
20 Perpera
1910 (Nicholas I)
(Image: Heritage Jan 2013)
20 Perpera
1910 (Jubilee)
(Image: Katz Dec 2018)
10 Perpera
1910 (Nicholas I)
(Image: Katz May 2023)
10 Perpera
1910 (Jubilee)
(Image: Katz Apr 2023)