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100 Korun Alois Rašín

Issuer Česká Národní Banka (Czech National Bank)
Year 2019
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Value 100 Korun
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Obverse description Intaglio portrait of Alois Rašín, first Czechoslovak Minister of Finance, occupies the left portion of the note, rendered in fine engraved detail against a warm golden guilloche underprint. To the right, the main inscription panel carries the denomination title in large letterpress text above the issuer name, with the Czech National Bank building vignette visible in the background. A small circular seal with heraldic motifs appears at the lower left, and the engraver's and designer's credits are inscribed along the lower margin.
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Protection description Watermark visible in the unprinted area; embedded security thread running vertically through the note.
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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.