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2 Korona
| Issuer | Osztrák-Magyar Bank (Austro-Hungarian Bank) |
|---|---|
| Year | 1917 |
| Type | Log in to see details |
| Value | 2 Crowns (Koronás) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| Obverse description | The Hungarian-language face is printed in red on a pale ground, with an elaborate guilloche border framing the entire note. Two facing female portrait vignettes in octagonal panels occupy the upper left and upper right corners, rendered in fine intaglio. The central text panel carries the denomination KÉT KORONA in bold letterpress above the issuing authority OSZTRÁK-MAGYAR BANK, with the date BÉCS, 1917. ÉVI MÁRCIUS 1. and the legal tender clause in Magyar. Three facsimile signatures of bank officials appear below the central inscription. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Variants | P#11a(1) - signature at right on back correctly spelled as "GENERALSEKRETÄR" series >7000 P#11a(2) - signature at right on back correctly spelled as "GENERALSEKRETÄR" series >8000 P#11x - Error: signature title at right on back spelled as "GENENALSEKRETÄR" |
| Comments |
The 2 Korona of 1917 was a wartime expedient, introduced as metal coinage disappeared into the war economy and small-denomination paper filled the gap. The Austro-Hungarian Bank had already been printing notes far beyond its gold reserves by this point — the empire's currency was effectively unmoored from any metallic backing, and inflation was advancing steadily well before the armistice.
P#11 circulated hard. These low-value notes passed through countless hands and survive today overwhelmingly in worn grades, with the paper thinning along fold lines — a predictable consequence of the denomination, not a fault of manufacture.
The empire that issued them ceased to exist the following year.