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1000 Kronen
| Issuer | Oesterreichisch-ungarische Bank |
|---|---|
| Year | 1921 |
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| Composition | Log in to see details |
| Size | 175 x 105 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Kassenschein Oesterreichisch-ungarischen Bank (Österreichische Geschäftsführung) wofür dem Überbringer a vista 1000 TAUSEND KRONEN 1000 von der gefertigten Bankanstalt bezahlt werden. Wien, am 23. Dezember 1921. OESTERREICHISCH-UNGARISCHE BANK Hauptanstalt Wien. Für verlorene Kassenscheine wird erst nach deren gerichtlicher Amortisierung Zahlung geleistet. Die Verfälschung oder Nachmachung von Kassenscheinen der Bank wird gesetzlich bestraft. |
| 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.