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The Hungarian side of an Austro-Hungarian 20 Kronen note (P#14) bears an intaglio vignette of a woman alongside Hungarian arms and Hungarian text. By official decree, the handstamp of the Istituto di Credito del Consiglio Nazionale was required to be applied to the Hungarian face of the note, in recognition of Fiume's historic attachment to the Hungarian crown lands. The circular handstamp is centered on the note and encloses a six-pointed star within a guilloche medallion, surrounded by the legend CITTÀ DI / ISTITUTO DI CREDITO DEL / CONSIGLIO NAZIONALE / FIUME; an additional overprint reads II. KIADÁS (2nd edition). |
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The German (Austrian) side of the underlying Austro-Hungarian 20 Kronen note (P#14) retains its original intaglio design, with a female allegorical vignette, Austrian imperial arms, and German-language text. Notes bearing the handstamp on this face rather than the Hungarian side are considered to have been stamped at a later date by private individuals, contrary to official regulations. |
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Fiume's postwar currency situation was chaotic by any measure. When the city's political status became genuinely unresolved following the 1918 armistice — neither cleanly Italian nor Yugoslav — the local Consiglio Nazionale improvised by stamping existing Austro-Hungarian Kronen notes with its own authority markings rather than waiting for a formal monetary settlement that, in practice, never came cleanly. The "CN" overstamp converted Imperial paper into a locally sanctioned instrument almost overnight.
D'Annunzio's 1919 seizure complicated matters further, as the city cycled through multiple competing authorities in rapid succession, each leaving its own mark on the circulating supply.