At the time of the First Serbian Uprising in 1804 in Serbia not only Turkish coins but also coins from some European countries, mostly Austria, have freely circulated. There was a speculation
that the leader of the Serbian revolution Karageorge (1768-1817) had minted in Topola, his capital, some forgeries of Turkish silver coins, particularly a 2½ Piastre of Sultan Selim III . That theory however had not been confirmed. Later, in the Principality of Serbia,
some 43 kinds of foreign coins circulated, mostly Turkish and Austrian denominations, but also Russian, Italian, Ragusan, Spanish, Papal, Dutch and others. It was Prince Michael Obrenovich III who started to issue indigenous modern Serbian coinage in 1868. Celebrating the 100th Anniversary of the I Serbian Uprising in 1904, a commemorative 5 Dinars silver coin had been issued. It depicted busts of Karageorge and his grandson Peter I who was King of Serbia at that time. On the occasion of the 200th Anniversary of that Uprising, which is also treated as the renewal of the Serbian statehood, National Bank of Serbia has issued two golden coins in denominations of 5,000 and 10,000 Dinars, while regular coinage dated 2004 had not been issued at all. At the same time a peculiar golden Serbian Dinar has been struck commemorating the 120th Anniversary of the National Bank of Serbia (1884-2004).