1000 Korun

The National Bank for Bohemia and Moravia was a creature of the Protectorate, established in 1939 after Germany dissolved the National Bank of Czechoslovakia and assumed control of its gold reserves — a seizure that included the infamous transfer of Czech gold held in London, facilitated through the Bank for International Settlements. This 1000 Korun note was issued within that apparatus, denominated in a currency that circulated under Reichsmark parity at 10 crowns to the mark, effectively locking the Protectorate economy into German wartime extraction.

Schmidt's engraving work for Státní tiskárna cenin was accomplished; the Prague security printing house had a long tradition predating the occupation and continued operating under German oversight throughout the war.