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2 Kronen
| Issuer | Oesterreichisch-ungarische Bank |
|---|---|
| Year | 1922 |
| Type | Standard circulation banknote |
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| Obverse description | Printed in red on white paper, the obverse carries a female vignette at the upper right, rendered in a classical allegorical style. The denomination numeral and an anti-counterfeiting warning legend are placed at the lower right, flanked by the issuing authority's text. Three signature lines appear below the main text block, corresponding to the General Council, Governor, and Secretary General. |
|---|---|
| Obverse lettering | 2 Die Oeſterreichiſch= ungariſche Bank, österreichische Geschäftsführung, zahlt gegen diese Banknote bei ihren haupt- anstalt in Wien sofort auf Verlangen zwei kronen In gesetzlichem metallgelde. Wien, 2. Jänner 1915 Oesterreichisch=ungarische Bank < 3 Signatures > Generalrat Gouverneur Generalsekretär DIE NACHMACHUNG DER BANKNOTEN WIRD GESETZLICH BESTRAFT. (Translation: The Austro-Hungarian Bank, Austrian Management, will immediately pay Two Crowns in lawful precious metal upon surrender of this banknote at its main office in Vienna. Vienna, the 2nd of January 1915. The Austro-Hungarian Bank < 3 signatures > General Council Governor Secretary General Counterfeiting of banknotes will be punished according to law.) |
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By 1922, the Oesterreichisch-ungarische Bank was issuing notes for a state that had ceased to exist. The dual monarchy collapsed in 1918, and this 2 Kronen note belongs to the prolonged administrative twilight in which the old bank continued printing Austrian currency while its Hungarian operations were already being wound down separately. The institution was formally liquidated in 1924.
The Krone itself was in freefall by this point — Austrian inflation through 1921–1922 was severe enough that a 2 Kronen note had virtually no purchasing power at issue. Printed in vast quantities, survivors are common.