10 Korun

The 1950 10 Korun belongs to the early consolidation of Czechoslovak monetary policy under the new communist government, which had seized full control in the February 1948 coup. A currency reform followed in 1953 — brutal in its execution, wiping out savings at punishing exchange ratios — and this note was among those swept out of circulation by that reform. Notes dated 1950 were issued but had a short working life before the 1953 overhaul rendered them worthless at any meaningful rate.

Státní Tiskárna Cenin handled the printing domestically, which was itself a political preference of the new regime.