Regulatory Alerts2026-01-01
Decision on the Manner of Using Commemorative Montenegrin Coins Issued for the Central Bank of Montenegro Anniversary
The Council of the Central Bank of Montenegro issued this decision to regulate the use and sale of commemorative coin collections celebrating the bank's operational anniversary. It authorizes specific high-ranking state officials to use designated coin collections as diplomatic gifts and establishes fixed compensation values for such usage. Additionally, the document permits the public purchase of various coin sets directly from the Central Bank head office at prices listed in the accompanying pricelist.
Pursuant to Article 17 paragraph 1 item 2 of the Central Bank of Montenegro Law (OGRM 52/00, 53/00, 47/01), the Council of the Central Bank of Montenegro, at its meeting held on 17 December 2002, passed the following DECISION ON THE MANNER OF USING THE COMMEMORATIVE MONTENEGRIN COINS ISSUED ON THE OCCASION OF CELEBRATING THE ANNIVERSARY OF CENTRAL BANK OF MONTENEGRO’S COMMENCEMENT OF OPERATION Article 1 Commemorative coins issued on the occasion of celebrating the anniversary of the commencement of operation of the Central Bank of Montenegro (hereinafter: the Central Bank), and established into collections in accordance with the Decision on Establishing of Collections of Commemorative Montenegrin Coins (OGRM 45/02) shall be used in accordance with the provisions herein. Article 2 Commemorative Montenegrin coins established as “The Collection of All Montenegrin Coins” and “Three Gold Coins and Three Silver Coins Collection” may be used, for the purposes of representation, by the President of the Republic of Montenegro, The Speaker of the Parliament of the Republic of Montenegro, The Prime Minister of the Republic of Montenegro and the Chairman of the Council of the Central Bank of Montenegro, as a gift to the highest representatives of foreign states, governments, central banks, international financial institutions and other international organizations. Article 3 The Central Bank shall keep separate records on the use of the commemorative coin collections referred to in Article 2 herein. Article 4 The compensation for the use of the special purpose coinage collections referred to under Article 2 of this Decision shall be fixed as follows:
- 1,533.00 euros for the collection of all Montenegrin coins (10 denominations);
- 1,514.00 euros for the three gold coins and three silver coins collection. Article 5 Commemorative Montenegrin coins established into collections under sub-items 1.3 – 1.14, item 1 of the Decision on Establishing of Collections of Commemorative Montenegrin Coins
can be purchased by national and foreign natural and legal persons at prices fixed under the Pricelist, which is printed along with this Decision and makes an integral part thereof. Article 6 The sale of commemorative Montenegrin coins shall be executed directly in the Central Bank head office. Article 7 This decision shall enter into force on the eighth day following that of its publication in the Official Gazette of the Republic of Montenegro. Decision number: 0101-83-2002 Podgorica 30 December 2002 THE COUNCIL OF THE CENTRAL BANK OF MONTENEGRO Chairman, Ljubiša Krgović, m.p.
Pricelist of the Collection of Commemorative Montenegrin Coins established pursuant to the Decision on Establishing of Collections of Commemorative Montenegrin Coins (OGRM 45/02). euros 1.3. Collection of 3 gold coins 1,420.00 1.4. Collection (gold coin of 20 perpers and silver coin of 2 perpers) 265.00 1.5. Collection (gold coin of 10 perpers and silver coin of 1 perpers) 147.00 1.6. Gold coin of 100 perpers 1.080.00 1.7. Gold coin of 20 perpers 228.00 1.8. Gold coins of 10 perpers 121.00 1.9. Collection of 3 silver coins 90.00 1.10. Collection of 3 silver coins and 4 alloys 96.00 1.11. Silver coins of 5 perpers 60.00 1.12. Silver coins of 2 perpers 30.00 1.13. Silver coins of 1 perpers 19.00 1.14. Collection of 8 alloys (1, 2, 10, 20 paras) 6.00