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The Yugoslavia 50 Para coin from 1938, cataloged as KM#18, represents a significant piece in the history of Yugoslavian currency. This coin was issued during the period between the World Wars, a time when Yugoslavia was undergoing substantial political and economic changes. The 50 Para coin is a small but important part of this transitional era, reflecting the country's monetary policies and design preferences of the late 1930s.
The coin was introduced during the reign of King Peter II of Yugoslavia, who ascended the throne in 1934. By 1938, the Yugoslavian currency system was experiencing a period of relative stability after the upheavals of the early 20th century. The 50 Para coin was part of the larger series of Yugoslavian coins that were issued to reflect the country's needs for lower denomination currency. This period in Yugoslav history was marked by efforts to modernize and stabilize the economy while navigating complex political dynamics in the region.
The obverse of the 1938 50 Para coin features a detailed portrait of King Peter II. The young monarch is depicted in a side profile, reflecting the formal and traditional style of coin design prevalent at the time. The portrait is rendered with considerable detail, capturing the king's youthful features and regal bearing. Surrounding the portrait are inscriptions that include "Kralj Jugoslavije" (King of Yugoslavia) and the year "1938," underscoring the coin's association with the reigning monarch and the year of issue.
On the reverse side of the coin, the design features an intricate depiction of a two-headed eagle, a prominent symbol in Yugoslavian heraldry. The eagle is shown with outstretched wings and holds a scepter and orb, symbols of royal authority. The reverse design also includes the denomination "50 PARA" prominently displayed. The coin's reverse is designed with an emphasis on clarity and symbolic representation, reflecting the importance of national symbols and the value of the currency during this period.
The mint responsible for producing the 1938 50 Para coin was the Royal Mint in Belgrade, which was known for its quality and precision in coin production. The Royal Mint had a reputation for producing well-crafted coins that adhered to high standards of workmanship. The exact mintage of the 1938 50 Para coin is not extensively documented, but it is known that the coin was struck in relatively large quantities to meet the demands of everyday transactions. The production of this coin reflects the economic conditions and monetary policies of Yugoslavia at the time.
In terms of condition, the 1938 50 Para coin is often found in About Uncirculated (AU) condition. This grade indicates that the coin has seen some circulation but remains in excellent shape, with minimal wear and preservation of most of its original detail. Coins in AU condition typically exhibit only light signs of handling, with the design elements still sharply defined. The surfaces of the coin are generally smooth and retain much of the original mint luster, contributing to its appeal among collectors.
The 1938 50 Para coin is notable not only for its historical context but also for its design and condition. It provides a glimpse into the monetary system of pre-World War II Yugoslavia and reflects the artistry and symbolism of the era. The detailed portrait of King Peter II and the heraldic design on the reverse are representative of the period's numismatic style. The AU condition of the coin ensures that it remains a valuable and attractive piece for collectors, offering insights into the currency and history of Yugoslavia during a pivotal time.
Overall, the Yugoslavia 50 Para 1938 KM#18 is a significant numismatic artifact from the late 1930s. Its design, featuring the portrait of King Peter II and the two-headed eagle, encapsulates the national identity and royal symbolism of Yugoslavia at the time. The coin's AU condition highlights its well-preserved state, making it an important addition to any collection focused on Yugoslavian or pre-World War II currency. The 50 Para coin serves as a reminder of the economic and political landscape of the era and continues to be of interest to collectors and historians alike.