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1.000.000 Kronen

Issuer Oesterreichisch-ungarische Bank
Year 1918
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Value 1.000.000 Kronen
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Obverse description Plain typeset Kassenschein (cashier's note) on light purple-tinted paper, with the denomination K/1.000.000 in a box at upper right and the serial number box at upper left. The issuing authority Oesterreichisch-ungarische Bank Hauptstalt Wien appears in Gothic script, with handwritten payee details, two circular cancellation stamps, and multiple punch-hole cancellations.
Obverse lettering Kassenschein der Oesterreichisch-ungarischen Bank
Kronen Eine Million
Wien, am 18. November 1918
OESTERREICHISCH-UNGARISCHE BANK
Hauptstalt Wien
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Comments

This note was never actually issued. The Oesterreichisch-ungarische Bank commissioned and printed the 1,000,000 Kronen denomination in 1918, but the collapse of the Austro-Hungarian Empire in November of that year rendered it obsolete before distribution. The successor states — Austria, Czechoslovakia, Hungary, and others — each moved quickly to stamp or overprint existing circulating notes as a stopgap monetary measure, and this denomination simply had no place in that scramble.

Surviving examples are remainders. The paper is typically found in far better condition than anything that actually passed through wartime hands, which makes condition alone a poor guide to rarity here.

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