Two Leva 1916, Coin from Bulgaria - detailed information

Two Leva 1916, Coin from Bulgaria (demonetised 1952)
CoinTwo Leva 1916

This is the key date, and essentially the key coin of all the coinage of the modern Bulgarian (post-1878) state. The 1916 issue of Bulgarian coins was never released into circulation. The whole issue was made obsolete by inflation during World War I and the Bulgarian government decided to melt all the already struck coins in order to recover the silver from them, which at that point was more expensive than their face value. They were all supposed to have been remelted without leaving the mints (Vienna and Kremnitz, in what was then Austria-Hungary); however, an unknown (but extremely small) number of coins have made it into the market, and there has never been an explanation of how they survived.

According to the Bulgarian National Bank, around 10 examples are thought to have survived. Examples of the smaller denominations - One Lev 1916 and 50 Stotinki 1916 also exist and are extremely rare was well, although not to that degree.

The edge of the coin carries the inscription БОЖЕ ПАЗИ БЪЛГАРИЯ - God Save Bulgaria.

Collectors should beware of recent forgeries.

MintsMint markMintage
Vienna Mint No mint mark unknown
Kremnitz Mint No mint mark unknown
Obverse
Bulgaria / Two Leva 1916 - obverse photo

Effigy of King Ferdinand I of Bulgaria facing left (by Rudolf Marschall). Below, in small letters, the artist's name: R. Marschall. Around, the monarch's legend ФЕРДИНАНДЪ I ЦАРЬ НА БЪЛГАРИТѢ (Ferdinand I, King of the Bulgarians).

Obverse Inscription ФЕРДИНАНДЪ I ЦАРЬ НА БЪЛГАРИТѢ
Reverse
Bulgaria / Two Leva 1916 - reverse photo

Denomination and date 2 ЛЕВА 1916 (2 LEVA 1916) on three lines, within a floral and wheat wreath.

Reverse Inscription 2 ЛЕВА 1916
EdgeInscribedEdge InscriptionБОЖЕ ПАЗИ БЪЛГАРИЯ
Two Leva 1916: References to Information Used
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Two Leva 1916: Details
CountryBulgaria
CurrencyLev
PeriodFirst Lev (1881 - 1952)
Coin TypeTwo Leva (Silver)
Issued1916
MonarchЦар Фердинанд I (Tsar Ferdinand I)
EffigyPortrait by Rudolf Marschall
Face Value2 (x Lev)
Mintage2,286,008, Rarity: R5 (9 to 14 examples known)
CurrentNo (demonetised 1952)
Material0.835 Silver
DesignerRudolf Marschall
TechnologyMilled (machine-made)
ShapeRound
OrientationCoin Alignment (Axis 6)
Size (mm)27
Mass (g)10
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Two Leva 1916: Photos
ImageDetails
2 Leva 1916
Copyright: Stella Antiques
Source
2 Leva 1916
Copyright: Stella Antiques
Source
Two Leva 1916: Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsBulgaria KM# 32