1 Krone Graslitz

Graslitz — now Kraslice in the Czech Republic — was a predominantly German-speaking industrial town in the Erzgebirge foothills, known for musical instrument manufacturing. This 1 Krone note is a classic example of the Kleingeldersatz emergency currency that flooded the Austro-Hungarian periphery in 1918 as the empire's monetary system buckled under wartime strain and coin hoarding stripped local commerce of any viable small change.

District-level authorities across Bohemia issued their own notgeld with little central coordination. The guilloche underprint was a minimal deterrent against counterfeiting — adequate for a note whose useful life was measured in months before currency unification under the new Czechoslovak state made it obsolete.