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1000 Kronen

Issuer Oesterreichisch-ungarische Bank
Year 1922
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Shape Rectangular
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Obverse description At right, an intaglio vignette of a woman's bust in left profile, set within an octagonal guilloche frame with fine lathe-work surround; the denomination numeral 1000 appears in the upper right and lower right corners. The left half of the note carries the payment text in Gothic blackletter script over a salmon-pink underprint, with the large denomination legend "Tausend Kronen" in bold blackletter type. A dense floral and geometric guilloche border frames the entire note.
Obverse lettering 1000 Tauſend Kronen Wien, 2. Jänner 1922. Oeſterreichiſch=ungariſche Bank Generalrat Gouverneur Generalſekretär
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Comments

By 1922, the Oesterreichisch-ungarische Bank was issuing notes for a state that no longer existed in any meaningful political form. Austria-Hungary had dissolved in 1918, yet the joint bank lingered as a legal entity through the early 1920s, continuing to print currency while the successor states scrambled to establish their own monetary authorities. This 1000 Kronen note was issued during that administrative twilight — a bank without an empire, printing money for an Austria in freefall inflation.

The hyperinflationary collapse made denominations like this one nearly worthless within months of issue. Austria's stabilization came only with the League of Nations rescue package of 1922 and the creation of the Nationalbank in 1923, which rendered these notes obsolete almost immediately.

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