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| Issuer | Státní Banka Československá (State Bank of Czechoslovakia) |
|---|---|
| Year | 1953 |
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| Composition | Log in to see details |
| Size | 155 × 79 mm |
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| Obverse description | Central vignette of a male industrial worker holding a cogwheel at his right side and a female farmer cradling a sheaf of wheat, rendered in intaglio in a socialist-realist style. The denomination 'STO KORUN CESKOSLOVENSKYCH' appears twice in large letterpress text to the right of the vignette, with the issuing authority inscribed in two languages above. A fine guilloche underprint frames the composition, with the year '1953' in a cartouche at the lower center. |
|---|---|
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| Protection type | Watermark |
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| Comments |
The 1953 Czechoslovak currency reform was one of the most punitive monetary confiscations in postwar European history. Citizens were required to exchange old koruny at a rate of 50:1 for amounts above a minimal threshold, effectively wiping out private savings overnight. This note was issued specifically to replace the pre-reform currency under that decree.
Joint production between Goznak in Moscow and Státní Tiskárna Cenin in Prague reflects how closely Czechoslovak monetary infrastructure was tied to Soviet institutional control in this period — an arrangement that extended well beyond technical assistance.