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100 Korun Alois Rašín
| Issuer | Česká Národní Banka (Czech National Bank) |
|---|---|
| Year | 2019 |
| Type | Log in to see details |
| Value | 100 Korun |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Sto korun Českých Česká Národní Banka Alois Rašín Guvernér EVA HAŠKOVÁ INV. MARTIN SRB SC. (Translation: 100 Czech Korun Czech National Bank Alois Rašín Governor) |
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| Protection description | Watermark visible in the unprinted area; embedded security thread running vertically through the note. |
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| Comments |
This note was issued to mark the centenary of the Czechoslovak koruna, introduced in 1919 under Finance Minister Alois Rašín, who engineered one of the more aggressive post-WWI currency stabilizations in Europe — physically stamping Austro-Hungarian banknotes circulating in the new republic and taxing a portion of the exchanged value outright, effectively vacuuming inflation out of the system before it could take hold.
Rašín was assassinated in 1923 by an anarchist; he died of his wounds weeks later. That a commemorative note bearing his name appeared ninety-six years after his death says something about how belatedly his policies were vindicated by economic historians.