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2 Kronen
| Issuer | Oesterreichisch-ungarische Bank |
|---|---|
| Year | 1917 |
| Type | Log in to see details |
| Value | 2 Crowns (2 Kronen) |
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| Composition | Log in to see details |
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| Obverse description | Female vignettes appear at the upper left and upper right corners, framing a central field that carries the denomination and multilingual text in German along with values rendered in eight additional languages of the Austro-Hungarian monarchy. The Austrian imperial coat of arms is positioned in the lower central area, set against a fine guilloche underprint. |
|---|---|
| Obverse lettering | 2 ZWEI KRONEN |
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| Comments |
The Oesterreichisch-ungarische Bank's wartime small denominations were a direct response to the near-total disappearance of coin from circulation after 1914 — hoarding and metal requisitions for munitions production had stripped the Austro-Hungarian economy of its small change. Notes like this one effectively replaced coins that would never return.
By 1917 the monarchy was financially exhausted, and inflation was already eroding the purchasing power of even these modest denominations. Within four years of this note's issue, the krone itself would cease to exist as a currency across most of its former territory.