1 Krone

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.