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1000 Korun

Issuer Czechoslovakia
Year 1919
Type Standard circulation banknote
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Obverse description The obverse is the Austrian side of the Austro-Hungarian 1000 Kronen note dated 2 January 1902, overprinted with a reddish-black rectangular Czechoslovak stamp to validate the note for circulation as 1000 Korun. The underlying note carries an oval vignette at right of a young woman in profile with floral headdress, framed by dense guilloche borders, with the central inscription TAUSEND KRONEN in bold letterpress and the legend OESTERREICHISCH-UNGARISCHE BANK below. Denomination numerals 1000 appear in the upper corners against an elaborate geometric underprint in blue-violet tones.
Obverse lettering TAUSEND KRONEN
OESTERREICHISCH-UNGARISCHE BANK
DIE NACHMACHUNG DER BANKNOTEN WIRD GESETZLICH BESTRAFT
SERIE
WIEN 2. JÄNNER 1902
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Comments

Pick 5 was among the first notes issued by the newly independent Czechoslovak state following the collapse of Austria-Hungary. The practical problem facing Prague in early 1919 was both urgent and unglamorous: there were no presses, no infrastructure, and no time. The solution was to overstamp existing Austro-Hungarian banknotes with Czechoslovak revenue stamps — a process carried out hastily between February and March 1919 as part of the currency separation from the former empire.

At the 1000 Koruna level, forgeries of the overstamp were a documented concern almost immediately. The government's response was a rapid transition to purpose-printed issues, which effectively shortened the circulation window of the stamped notes and now makes genuine, properly stamped examples worth careful scrutiny.