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20 Kronen
| Issuer | Oesterreichisch-ungarische Bank |
|---|---|
| Year | 1900 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | ZWANZIG KRONEN Zwanzig Kronen Die Oesterreichisch-ungarische Bank zahlt nach dieser Banknote bei ihren Hauptanstalten in Wien und Budapest sofort auf Verlangen in gesetzlichem Metallgelde. Wien, 31. März 1900. Oesterreichisch-ungarische Bank DVACET KOREN · DWADZIESCIA KURON · ДВАДЦЯТЬ КОРОН · VENTI CORONE · DVAJSUT KRON · DVADESET KRUNA · ДВАДЕСЕТ КРУПА · DOUEZECI COROANE DIE NACHMACHUNG DER BANKNOTEN WIRD GESETZLICH BESTRAFT. |
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| Protection type | Watermark |
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| Comments |
The Oesterreichisch-ungarische Bank issued this 20 Kronen note under the currency regime established by the 1892 monetary reform, which replaced the Gulden with the Krone at a ratio of 2:1 — a deliberate stabilization measure following decades of inflationary paper money stemming from the wars of the mid-nineteenth century. The reform pegged Austria-Hungary to the gold standard in principle, though full convertibility was never actually achieved in practice.
The 1900 date places this note squarely in a period of relative monetary calm before the pressures of World War I dismantled the entire dual-monarchy banking apparatus. Notes of this type were withdrawn and largely destroyed after 1918, which accounts for the genuine scarcity of surviving examples in any grade.