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10 Schilling

Issuer Oesterreichische Nationalbank
Year 1927
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Value 10 Schilling
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Obverse description Central vignette of the god Mercury in classical allegorical style, shown wearing a winged petasos, holding a caduceus in his left hand and a lightning bolt in his right. The denomination numeral "10" appears at upper left, with the issuing bank's full title, date of issue, and official signatories' titles arranged across the lower portion of the note.
Obverse lettering NB 10 DIE NACHMACHUNG DER BANKNOTEN WIRD GESETZLICH BESTRAFT. Zehn Schilling OESTERREICHISCHE NATIONALBANK WIEN, AM 3. JÄNNER 1927 GENERALRAT PRÄSIDENT GENERALDIREKTOR
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Comments

The Oesterreichische Nationalbank was itself only a few years old when this note was issued — established in 1923 as part of the League of Nations-supervised stabilization program that rescued Austria from the hyperinflation that had obliterated the old Krone. The Schilling series that followed was a deliberate act of monetary reconstruction, and this denomination was central to everyday transactions during the fragile recovery years.

Schirnböck was among the most accomplished intaglio engravers working in Vienna during this period, and Löffler — better known as a Wiener Werkstätte designer — brought an unusually decorative sensibility to what was otherwise functional state printing work.

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