Catalog
20 Korun
| Issuer | Czechoslovakia |
|---|---|
| Year | 1919 |
| Type | Log in to see details |
| Value | 20 Korun |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | HUSZ KORONA / OSZTRAK-MAGYAR BANK / TÖRVÉNYES ERCZPÉNZT / BÉCS 1913 JANUÁR 24 |
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| Reverse lettering | ZWANZIG KRONEN / DIE OESTERREICHISCH-UNGARISCHE BANK ZAHLT GEGEN DIESE BANKNOTE BEI IHREN HAUPTANSTALTEN IN WIEN UND BUDAPEST SOFORT AUF VERLANGEN / IN GESETZLICHEM METALLGELDE / WIEN 2. JÄNNER 1913 / OESTERREICHISCH-UNGARISCHE BANK / DVACET KORUN · DWADZIESCIA KORON · ДВАДЦЯТЬ КОРОН · DVADESET KRUNA / VENTI CORONE · ZWANZIG KRON · DVADESЕТ KRUNA / ДВАДЕСЕТ КРУПНА · DOUEZECI COROANE / DIE NACHMACHUNG DER BANKNOTEN WIRD GESETZLICH BESTRAFT |
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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.