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1000 Kronen

Issuer Oesterreichisch-ungarische Bank
Year 1919
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Composition Cotton paper
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Obverse lettering TAUSEND KRONEN
DIE OESTERREICHISCH-UNGARISCHE BANK ZAHLT GEGEN DIESE BANKNOTE BEI IHREN HAUPTANSTALTEN IN WIEN UND BUDAPEST SOFORT AUF VERLANGEN
IN GESETZLICHEM METALLGELD WIEN 2. JÄNNER 1902
OESTERREICHISCH-UNGARISCHE BANK
TISÍC KORUN
EZER KORONA
TЯЧУ КРОН
MILLE CORONE
GENERALRAT
GOUVERNEUR
GENERALSEKRETÄR
DIE NACHMACHUNG DER BANKNOTEN WIRD GESETZLICH BESTRAFT
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Protection type Watermark
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Comments

Austria-Hungary collapsed before this note could serve its intended purpose. The Oesterreichisch-ungarische Bank issued the 1000 Kronen series as the empire was disintegrating, and the new successor states — Czechoslovakia, Yugoslavia, Romania — each dealt with the resulting currency chaos by overstamping circulating notes to claim them as their own. Unstamped Austrian examples like this one continued to circulate in the rump Austrian republic under the inflation conditions that steadily eroded the Krone's purchasing power through the early 1920s.

The 1919 dating places this note in the immediate post-armistice period, before Austria's hyperinflationary spiral peaked in 1922.

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