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1000 Kronen
| Issuer | Oesterreichisch-ungarische Bank |
|---|---|
| Year | 1920 |
| Type | Standard circulation banknote |
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| Obverse description | The obverse reproduces the design of the Austro-Hungarian Bank 1902 1000 Kronen note (P#8), with the Hungarian coat of arms at upper centre flanked by allegorical figures, and a vignette portrait of a young woman with flowers in her hair set within an oval at right. The denomination "EZER KORONA" appears in large letterpress text at centre, with bilingual German and Hungarian legends throughout. A black overprint reading "Ausgegeben nach dem 4. Oktober 1920" (Issued after 4 October 1920) is applied to distinguish this Austrian post-separation issue from its predecessor. |
|---|---|
| Obverse lettering | EZER KORONA AZ OSZTRAK-MAGYAR BANK E BANKJEGYET BARKI KIVANASARA AZONNAL FIZET BECSI ES BUDAPESTI FOINTEZETEINEL TORVENYES ERCPENZ BECS 1902 JANUAR 2 OSZTRAK-MAGYAR BANK Ausgegeben nach dem 4. Oktober 1920 |
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| Comments |
The Oesterreichisch-ungarische Bank had already ceased to function as a going concern by the time notes of this type circulated — the Austro-Hungarian Empire collapsed in late 1918, and the bank formally wound down in 1919. This 1000 Kronen note, dated 1920, was issued during a transition period when successor states were scrambling to establish their own currencies. Several of them — Austria, Czechoslovakia, Yugoslavia, Hungary — overstamped or perforated surviving Austro-Hungarian note stocks to claim them as national currency and prevent cross-border arbitrage.
Examples without any such stamp represent the Austrian rump circulation, rapidly eroded by the hyperinflationary spiral that consumed the Krone through the early 1920s.