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1000 Kruna

Issuer Kingdom of Serbs, Croats and Slovenes (Ministry of Finance)
Year 1919
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Reference(s) P#5
Obverse description Austro-Hungarian 1000 Korona note (Austria P#8, dated 2 January 1902) overstamped for Yugoslav circulation with a black circular handstamp reading 'Ministarstvo Financija' (Ministry of Finance), applied over the Austrian imperial eagle vignette on the German-language (obverse) side. The underlying note retains its original design with a central coat of arms flanked by allegorical figures, an oval portrait vignette of a young woman at right within a guilloche border, and the denomination 'EZER KORONA' in large letterpress type.
Obverse lettering MINISTARSTVO FINANCIJA
EZER KORONA
AZ OSZTRÁK-MAGYAR BANK E BANKJEGYÉÉRT A BANK PRIVAN SÁGÁRA AZONNAL FIZET BÉCSI ÉS BUDAPESTI FŐINTÉZETEINÉL
OSZTRÁK-MAGYAR BANK
SZÁM
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Pick 5 was the largest denomination in the Kingdom of Serbs, Croats and Slovenes' first paper money series — issued by the Ministry of Finance rather than a central bank, because no such institution yet existed. The new state, proclaimed in December 1918, needed circulating currency almost immediately and had neither the infrastructure nor the time to establish a proper bank of issue before these notes went out.

The series was produced by overprinting and adapting existing material rather than commissioning entirely new designs — a pragmatic shortcut for a government still assembling itself. Counterfeiting was a documented problem with this issue, and authentication difficulties were reported within the first year of circulation.