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20 Korun

Issuer Czechoslovakia
Year 1933-1934
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Value 20 Korun / Korún
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Obverse script Latin
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Reverse description Three monumental male figures stand facing, rendered in a bold Art Deco sculptural style, personifying industry, agriculture, and commerce. The central figure stands upright and frontal, flanked by two slightly turned companions, all depicted with idealized, muscular physiques reminiscent of interwar Czech sculptural tradition. The denomination '20' appears to the left of the figures and 'Kč' to the right. The engraver's initials 'JH' (for Jaroslav Horejc) are inscribed below the figures near the base. The inner border features a fine dashed decorative band encircling the design.
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Additional information

Czechoslovakia issued this denomination during a period of acute fiscal stress — the early 1930s Depression hit the country's export-dependent industrial economy hard, forcing the government to quietly debase the silver content of its circulating coinage. The .700 fineness here was a deliberate reduction from earlier issues, a compromise between maintaining the coin's face value credibility and conserving bullion reserves.

Mintages for the 1933 and 1934 dates differ substantially, with 1934 being the scarcer of the two.

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