Catalog
| Issuer | Národná Banka Československá |
|---|---|
| Year | 1927 |
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| Composition | Cotton paper |
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| Obverse description | Printed in dark violet-brown over a finely engraved guilloche underprint, the obverse centres on a large oval cartouche bearing the denomination DESAŤ KORÚN ČESKOSLOVENSKÝCH and the issuer legend NÁRODNÁ BANKA ČESKOSLOVENSKÁ with the date V PRAHE, DŇA 2 JANUÁRA 1927. Three intaglio vignettes occupy the lower portion: a helmeted warrior in profile at left, the Czechoslovak state coat of arms flanked by decorative scrollwork at centre, and a male portrait in profile at right. Red serial numbers appear at upper left and upper right, flanking the numeral 10 at top centre. |
|---|---|
| Obverse lettering | DESAŤ KORÚN ČESKOSLOVENSKÝCH NÁRODNÁ BANKA ČESKOSLOVENSKÁ V PRAHE, DŇA 2 JANUÁRA 1927. TÁTO BANKOVKA VYDANÁ PODĽA ZÁKONOV ZO DŇA 14. APRÍLA 1920 ČÍS. 347-A ZO DŇA 23. APRÍLA 1925 ČÍS. 102 SB. Z A N. PLATÍ FALŠOVANIE BANKOVIEK TRESTÁ SA PODĽA ZÁKONA ČLEN BANKOVEJ RADY GUVERNÉR HLAVNÝ RIADITEĽ |
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| Comments |
Czechoslovakia's interwar banknote program was, by European standards, remarkably coherent — the young republic moved quickly to establish a credible currency after the chaotic dissolution of the Austro-Hungarian krone system in 1919. By 1927, when this 10 Korun note was issued, the koruna had already been stabilized through the 1922–23 fiscal reforms under Alois Rašín, whose assassination in 1923 ironically preceded the currency's full recovery.
Státní tiskárna cenin, established specifically to reduce dependence on foreign security printers, handled production entirely in Prague — a deliberate policy choice for a state still proving its institutional independence.