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1 Krone

Issuer Oesterreichisch-ungarische Bank
Year 1922
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Currency Krone (1919-1925)
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Obverse lettering Die Oesterreichisch-ungarische Bank, österreichische Geschäftsführung, zahlt gegen diese Banknote bei ihrer Hauptanstalt in Wien sofort auf Verlangen Eine Krone in gesetzlichem Metallgelde. Wien, 2. Jänner 1922. Oesterreichisch-ungarische Bank DIE NACHMACHUNG DER BANKNOTEN WIRD GESETZLICH BESTRAFT.
Reverse description The reverse is essentially unprinted, showing only the faint pink show-through of the obverse design visible through the thin paper stock, with no deliberate printed design elements present.
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By 1922, the Oesterreichisch-ungarische Bank was issuing currency for a state that no longer legally existed — the Austro-Hungarian Empire had dissolved in 1918, and Austria was by this point operating under the auspices of the new republican government while the old imperial bank wound down its affairs. This 1 Krone note belongs to the final phase of that institutional death, printed in quantity as hyperinflationary pressure made small denominations nearly worthless even as they rolled off the presses.

Spitzmüller's signature is historically notable: Alexander Spitzmüller had served as the last Austro-Hungarian Finance Minister before the collapse.

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