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1000 Kronen
| Issuer | Oesterreichisch-ungarische Bank |
|---|---|
| Year | 1921 |
| Type | Log in to see details |
| Value | 1000 Kronen |
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| Composition | Log in to see details |
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| Obverse description | Plain typographic design on white paper, with a central guilloche-bordered vignette bearing the denomination '1000 TAUSEND KRONEN' in bold letterpress. The issuer title 'Oesterreichisch-ungarischen Bank' and subtitle '(Österreichische Geschäftsführung)' appear above, with the denomination box 'K 1.000' at upper right. Date 'Wien, am 23. Dezember 1921.' and two manuscript signatures appear at lower right. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Reverse is essentially plain unprinted paper with faint show-through of the obverse letterpress text visible in mirror image. No distinct design elements, vignettes, or security printing are present on this side. |
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| Comments |
By 1921, the Oesterreichisch-ungarische Bank was issuing notes for a state that no longer existed. The Austro-Hungarian Empire had dissolved in 1918, yet the joint bank continued operating as a rump institution, printing currency used across the successor states — Austria, Czechoslovakia, Hungary, and others — until each government could establish its own monetary apparatus. Notes of this series were routinely overstamped by the new national authorities to claim them for local circulation and prevent cross-border arbitrage.
Austria's hyperinflationary spiral rendered the 1000 Kronen nearly worthless within two years of issue. The Austrian National Bank replaced the currency in 1925 at 10,000 Kronen to 1 Schilling.