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1 Krone
| Issuer | Oesterreichisch-ungarische Bank |
|---|---|
| Year | 1916 |
| Type | Log in to see details |
| Value | 1 Crown (1 Krone) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | A helmeted head occupies the central vignette, rendered in a classical allegorical style. To the left, the denomination is given in eight languages of the Austro-Hungarian monarchy, arranged in a vertical column. A statutory anti-counterfeiting notice in German appears at the lower portion of the note. |
| Reverse lettering | 1 JEDNA KORUNA JEDNA KORONA ОДНА КОРОНА UNA CORONA ENA KRONA JEDNA KRUNA ЈЕНА КРУНА UNA COROANĂ DIE NACHMACHUNG DER BANK- NOTEN WIRD GESETZLICH BE- STRAFT |
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| Comments |
The Austro-Hungarian Bank issued this 1 Krone note in 1916 as the monarchy's wartime finances buckled under sustained military expenditure. Paper shortages and the collapse of normal banking operations meant small-denomination notes increasingly substituted for coinage, which had been systematically withdrawn from circulation for its metal content.
P#20 is among the more common survivors of the series, partly because the volume printed was enormous and partly because the denomination was too low to hoard deliberately. The 1922 Austrian currency reform rendered the entire krone series void.