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North Macedonia 1996 5000 Denari issued banknote EA5464675 featuring the Maened vignette, graded PMG 66 EPQ

North Macedonia 1996 - 5000 Denari Issued Note EA5464675 Maened (Pick 19a)

A key feature of the denomination is the integration of the Maenad motif into the banknote’s security architecture. The same figure appears as the watermark embedded within the paper, linking the principal engraved subject with one of the primary anti-counterfeiting devices. When the note is held to transmitted light, the watermark reproduces the Maenad form in soft tonal relief, demonstrating the intentional alignment between artistic design and security function. Read more →

North MacedoniaIssued Note19965000 DenariPMG 66 EPQ Issued NoteMaenedMaened WatermarkDe La RueSecurity PrintingIntaglio EngravingMicrotextSecurity ThreadSee-Through RegisterNorth Macedonia19965000 DenariPick 19aPMG 66 EPQGem UncirculatedMuseum Grade
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1996 North Macedonia 500 Denari issued banknote GB2531560 featuring the Golden Death Mask motif, graded PMG 66 EPQ

North Macedonia 1996 - 500 Denari Issued Note GB2531560 Golden Death Mask (Pick 17a)

Additional security devices integrated into the note include the Golden Mask watermark embedded within the paper, a metallic security thread, microtext inscriptions, see-through register alignment elements, and dense guilloche patterns designed to resist photographic or digital reproduction. Together these components form a layered defense system characteristic of modern banknote engineering.

Watermark
2003 North Macedonia 500 Denari issued banknote DA8148021 featuring the Golden Death Mask motif, graded PMG 67 EPQ

North Macedonia 2003 - 500 Denari Issued Note DA8148021 Golden Death Mask (Pick 21a)

At the center of the design remains the Golden Mask motif derived from the funerary mask discovered at the archaeological site of Trebeništa near Ohrid, dating to the 6th century BCE. The mask is one of the most recognizable artifacts of ancient Macedonian culture and was selected as the defining visual element of the denomination. Its sculptural form translates effectively into engraved linework and serves both as the principal vignette and as the basis for the watermark embedded within the banknote paper.

Watermark
North Macedonia 1996 5000 Denari De La Rue specimen with red SPECIMEN overprint, oval De La Rue NO VALUE stamp, EA0000000 control serial and specimen number 006

North Macedonia 1996 - 5000 Denari Specimen Maenad EA0000000 No. 006 (Pick 19s)

At the center of the design appears the Maenad figure, derived from a classical bronze sculpture discovered at the archaeological site of Heraclea Lyncestis. The dancer’s dynamic posture symbolizes movement and vitality and became the defining icon of the denomination. The same Maenad motif is incorporated into the watermark of issued notes, linking the artistic centerpiece of the design with one of the banknote’s primary security devices.

Maenad Watermark
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