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10.000 Kronen

Issuer Oesterreichisch-ungarische Bank
Year 1919
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Currency Krone (1919-1925)
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Obverse description The reverse (Hungarian) side of Austria P#62 is visible here as the obverse of this overprinted issue, with a central oval vignette of a young woman at right, the Hungarian arms flanked by angels at upper left, and the large denomination inscription 'TIZEZER KORONA' in bold letterpress at centre. The note bears a rectangular black overprint 'DEUTSCHÖSTERREICH' applied to indicate Austrian state succession, along with an oval control stamp reading 'ECHT — Oesterreichisch-ungarische Bank / Hauptanstalt Wien' certifying authenticity. Hungarian-language text including the date 'BÉCS, 1918. november 2' and issuing bank name 'OSZTRAK-MAGYAR BANK' appear within the guilloche-bordered frame.
Obverse lettering DEUTSCHÖSTERREICH
(Translation: German Austria)
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Comments

The Oesterreichisch-ungarische Bank issued this note in the final weeks of its institutional existence — the bank was liquidated by the successor states of the former Habsburg monarchy following the 1918 armistice, and the 10,000 Kronen denomination was among the last emissions it authorized. Austria stamped these notes with the Deutschösterreich overprint in 1919 to separate its circulating currency from that of Hungary and the other successor states, a process driven by the urgent need to prevent cross-border currency dumping.

Unstamped examples remained technically valid in multiple successor states briefly, creating genuine arbitrage opportunities before each government moved to enforce its own overprint requirements.

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