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10 Kronen
| Issuer | Oesterreichisch-ungarische Bank |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | 10 Kronen |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Die Oesterreichische=ungarische Bank, österreichische Geschäftsführung, zahlt gegen diese Banknote bei ihrer Hauptanstalt in Wien sofort auf Verlangen Zehn Kronen in gesetzlichem Metallgelde. Wien, 2. Jänner 1922. Oesterreichische=ungarische Bank Generalrat Gouverneur Generalsekretär ZEHN (Translation: The Austro-Hungarian Bank, Austrian Managing Directors will immediately pay ten Crowns in lawful precious metal upon surrender of this banknote at its main office in Wien (Vienna). Wien (Vienna), the 2nd of January 1922. The Austro-Hungarian Bank < 3 signatures > General Council Governor Secretary General TEN) |
| Reverse description | Printed in blue-purple on a pale buff ground, the reverse is dominated by a dense guilloche underprint pattern. Series and serial numbers appear in red at the lower left and lower right. The denomination and anti-counterfeiting legend are printed across the centre of the note. |
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| Comments |
By 1922, the Oesterreichisch-ungarische Bank was issuing notes for a state that no longer existed. The Austro-Hungarian Empire had collapsed in 1918, and this note circulated in the rump Austrian republic while the new National Bank of Austria was still being organized — a provisional currency arrangement that dragged on far longer than anyone intended. The 10 Kronen denomination was effectively worthless by the time most of these reached the public; hyperinflation had already gutted purchasing power to the point where the note's face value was nominal at best.
The series was formally superseded when Austria introduced the Schilling in 1925.