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20 Korun
| Issuer | Czechoslovakia |
|---|---|
| Year | 1919 |
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| Value | Log in to see details |
| Currency | Koruna (1919-1939) |
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| Obverse description | An Austro-Hungarian Bank 20 Kronen note (dated 2. Jänner 1913) overstamped for Czechoslovak use, with a violet rectangular Czechoslovak adhesive stamp affixed at upper left bearing the value '20' and a lion vignette. The underlying note retains its original design with a portrait of a young woman at right, guilloche underprint in rose and brown tones, and Hungarian-language text reading 'HUSZ KORONA' at centre, with two signatures of the Austro-Hungarian Bank below the 'OSZTRAK-MAGYAR BANK' inscription. |
|---|---|
| Obverse lettering | HUSZ KORONA / OSZTRAK-MAGYAR BANK / TÖRVÉNYES ERCZPÉNZT / BÉCS 1913 JANUÁR 24 |
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| Comments |
Czechoslovakia's first currency law was passed on 25 February 1919, just months after the state itself came into existence. These early notes were produced with considerable urgency — the new republic needed to physically separate its money supply from the Austro-Hungarian krone system as fast as possible. The mechanism used was stamping: existing Austro-Hungarian banknotes were overprinted to create a provisional Czechoslovak currency while longer-term printing arrangements were established.
Pick 2A belongs to that provisional series, issued under the authority of the Ministry of Finance rather than a central bank, which did not yet exist. The Czechoslovak National Bank wouldn't be founded until 1926.