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1/2 Korona Krakow

Issuer Gmina Stoł. Król. Miasta Krakowa (Municipality of the Royal Capital City of Kraków)
Year 1919
Type Local banknote
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Obverse description Printed in blue-black and red on plain paper, the note is framed by an intricate guilloche border with floral and lace-like patterning. The denomination '1/2 KORONY' appears in large red letterpress text at centre, flanked by red '1/2' cartouches at left and right, while the central lower vignette shows the Kraków city coat of arms — a white eagle within a gateway — printed in red and dark blue. Two manuscript signatures in red ink appear below the vignette, attributed to the President of the City and the Director of the Main Treasury, with the serial number and legislative reference printed at foot.
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Reverse lettering GŁÓWNA KASA STOŁ.KRÓL. MIASTA KRAKOWA PRZYJMIE
TEN PRZEKAZ NA
1/2 KORONY
WYRAŹNIE PÓŁ KORONY
PŁATNY KAŻDEGO CZASU, NIE PÓŹNIEJ JEDNAK W PRZECIĄGU
DWÓCH MIESIĘCY PO POWSZECHNEJ KONWERSYI WALUTY
W POLSCE, POCZEM PRZEKAZ TEN TRACI BEZWARUNKOWO WAŻNOŚĆ
GMINA STOŁ. KRÓL. MIASTA KRAKOWA
MINISTERSTWO SKARBU
PODRABIANIE ASYGNAT PODLEGA KARZE CIĘŻKIEGO WIĘZIENIA
L. 32003/19 S.L. 3554
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Comments

Kraków's municipal government issued these fractional notes out of necessity — the collapse of Habsburg monetary infrastructure in late 1918 left a chaotic mix of Austrian, German, and Polish currencies circulating simultaneously, and small change simply dried up. Local governments across the former Galician crownland stepped in independently, each printing their own emergency scrip to fill the gap before Warsaw could impose any coherent monetary order.

Kraków's notes were produced locally, which shows in the modest printing quality relative to contemporaries from established commercial printers. The ½ Korona denomination is the lowest in the municipal series, which made it among the most heavily used — and consequently the hardest to find today in any kind of decent state.

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