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100 Kronen

Issuer Oesterreichisch-ungarische Bank
Year 1922
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Designer(s) Designers: Rudolf Junk, Rudolf Rössler
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Obverse description Green intaglio print over a brown and red guilloche underprint. At centre, a circular vignette presents a portrait of a young woman with ribbons in her hair, rendered in fine line engraving. Denomination and issuing authority text appear in period typeface, with a legal tender clause in German occupying the lower portion of the note.
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Reverse lettering HUNDERT 100 KRONEN
(Translation: One hundred 100 Crowns.)
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Comments

By 1922, the Oesterreichisch-ungarische Bank was issuing currency for a state that no longer existed. The Austro-Hungarian Empire had dissolved in 1918, and Austria — now a rump republic — continued using the old imperial bank as its note-issuing authority until the new Oesterreichische Nationalbank was established in 1923. This 100 Kronen was printed during that awkward interregnum, nominally backed by an institution whose political reason for existence had already evaporated.

Hyperinflation rendered the entire Kronen series worthless almost immediately. The 1924 conversion to Schilling was set at 10,000 Kronen to 1 Schilling, which tells you everything about what circulation did to the denomination's purchasing power.

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