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100 Korun 2nd Issue

Issuer Protectorate of Bohemia and Moravia
Year 1940
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Value 100 Korun
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Reverse lettering II.Auflage - II.VYDÁNÍ Protektorat Böhmen und Mähren Hundert Kronen Protektorát Čechy a Morava Sto Korun
(Translation: 2nd Issue (x2) Protectorate of Bohemia and Moravia Hundred crowns (x2))
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Variants P#7a - issued note
P#7b - series Gb
Comments

The Protectorate of Bohemia and Moravia was a German-administered puppet state carved from the remnants of Czechoslovakia following the March 1939 occupation. Its banknotes were issued by the Národní banka pro Čechy a Moravu — the National Bank for Bohemia and Moravia — a renamed and subordinated successor to the former Czechoslovak National Bank. The second issue of this 100 Korun type followed quickly on a first issue that had essentially been a stopgap, with minimal changes between them.

The korun remained the circulating currency but was pegged to the Reichsmark at a rate deliberately set to disadvantage Czech holders, enabling systematic economic extraction by the Reich.

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