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1 Krone
| Issuer | Oesterreichisch-ungarische Bank |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Krone (1919-1925) |
| Composition | Log in to see details |
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| Obverse description | Central octagonal vignette with two female heads in profile set against a red guilloche underprint, flanked by a multilingual denomination panel at left listing the value in nine languages, and a large numeral '1' in black at upper right. Anti-counterfeiting warnings in German and Hungarian appear in the lower field. The overprint 'Ausgegeben nach dem 4. Oktober 1920' is applied on the earlier Austria P-20 base note, with serial number and sheet number printed at bottom left and right respectively. |
|---|---|
| Obverse lettering | JEDNA KORUNA JEDNA KORONA ОДНА КОРОНА UNA CORONA ENA KRONA JEDNA KRUNA ЈЕДНА КРУНА UNA COROANA DIE NACHMACHUNG DER BANKNOTEN WIRD GESETZLICH BESTRAFT A BANKJEGYEK UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK No. Ausgegeben nach dem 4. Oktober 1920 (Translation: Issued after October 4th, 1920) |
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| Comments |
This note was issued under the Oesterreichisch-ungarische Bank's authority but into a state that no longer existed. By 1920, the Austro-Hungarian Empire had dissolved, and successor states were busy stamping or overprinting their own claims onto the bank's circulating stock. Austria itself was printing fresh small-denomination notes largely because the old coinage had vanished from circulation — hoarded, melted, or absorbed by neighboring economies during the chaotic post-war partition.
The 1 Krone denomination was near-worthless by issue date. Hyperinflationary pressure in early 1920s Austria would render it irredeemable within a few years, which is precisely why so many survive — nobody spent them.