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10.000 Kronen

Issuer Kriegsdarlehenskasse (War Loan Bank)
Year 1914
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Value 10 000 Crowns (10 000 Kronen) (10 000)
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Obverse description The small coat of arms of the Austro-Hungarian monarchy appears at left, while a vignette at right presents three allegorical female figures. The face value and issuer inscription are rendered in a formal letterpress typeface across the note.
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Reverse description The reverse carries validity and redemption text presented in seven languages, reflecting the multilingual character of the Austro-Hungarian Empire, arranged in a structured typographic layout without pictorial vignettes.
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Comments

The Kriegsdarlehenskasse was established in August 1914 specifically to inject liquidity into the Austro-Hungarian economy as commercial credit froze at the outbreak of war. It was not a conventional bank of issue — it functioned as a state-backed lending institution that accepted securities and government bonds as collateral, then issued its own notes against them. The 10,000 Kronen denomination was far beyond the reach of ordinary transactions and was almost certainly used for large-scale interbank settlement or government procurement rather than retail circulation.

Pick 28 is among the rarer of the Kriegsdarlehenskasse issues, partly because high-denomination wartime instruments were subject to strict recall and accounting procedures.

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