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Did you know: Banknote with the Image of Tito had an Inexplicable Mistake?

titoThe Yugoslav dinar was the currency which was used in the Kingdom of SHS from 1920, and then in the Kingdom of Yugoslavia,the Socialist Federal Republic of Yugoslavia and the Federal Republic of Yugoslavia.

The name of the state has changed, but not dinar, which gained cult status and it stopped to be “Yugoslovenian” when Serbia replaced it by Serbian dinar, and Montenegro with Euro – years after the former Yugoslavia collapsed.

In the early ’80s, it was decided that the existing series of money should be replaced by new, more modern ones. In the new series, every single banknote was supposed to represent one of the Yugoslav republics, it should have a historical figure of the republic on the face of it, and motif of this republic on the back. The smallest banknote of 10 dinars would represent the smallest republic, Montenegro, and the highest banknote of 1,000 dinars should represent the largest republic, Serbia, and they would also introduce new banknotes of 5,000 dinars, which would represent Yugoslavia.

In 1985 came out a new series of banknotes, which started with the introduction of 5,000 dinars with the image of the late Yugoslav President Josip Broz Tito.

This, the largest ever issued and the long-awaited banknote, caused a real storm in the public, which continues to this day – not because of its value, but the mistake that no one noticed at first. In fact, next to the image of Tito was written the year of his birth and death. Instead of 1892-1980, on the banknote was written 1892-1930 – thus according to that Tito died 50 years earlier! You might think at first that it seems like that because of the low resolution so that number 3 seems like 8, but if you compare it with other number 8 you will see that it is actually 3.

billThe interesting fact is that even after spotting the mistake, the banknotes were not withdrawn from circulation, as the managing director of the Institute for Manufacturing Banknotes said that from the 14 million printed banknotes only 4 % of them had error. This means that the mistake was on around 560,000 banknotes. However, the wrong year of death of Tito is not the only mistake on this banknote. The appearance and description were entirely different from what was announced in the Official Gazette.

Other banknotes should be 1,000 dinars, with the date of issue in 1986, and represent the Federal Republic of Serbia with a portrait of Vuk Stefanovic Karadzic. All matrices were finished and the banknote was ready for printing, but it was never put into circulation, due to hyperinflation, as reported by Express.hr.

(Source: N1)

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