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| 正面描述 | Central vignette of a female figure at right within an oval guilloche border, with the Austrian coat of arms at upper left. The denomination numeral '20' appears at upper right and within a large central guilloche rosette. The inscription 'II. AUFLAGE' appears at lower right, and the overprint 'DEUTSCHÖSTERREICH' is applied in German text, validating the note for circulation in the new Austrian republic. |
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| 背面描述 | Female portrait vignette at right within an oval guilloche frame, with the Hungarian coat of arms at upper left. The central field carries a large guilloche rosette enclosing the numeral '20'. Text is in Hungarian, identifying the issuing bank as 'OSZTRAK-MAGYAR BANK' at left, with the denomination 'HUSZ KORONA' as the principal legend, and a counterfeiting warning cartouche at lower right. |
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When Austria found itself a rump state after the collapse of the Austro-Hungarian Empire in November 1918, it inherited a currency shared with what was now a collection of successor states — Czechoslovakia, Hungary, Yugoslavia, and others — all scrambling to separate their monetary supplies. Austria's solution was an overprint: existing Austro-Hungarian 20 Kronen notes were stamped to identify them as Austrian state property, theoretically excluding the note from being repatriated and spent by neighboring governments doing exactly the same thing.
The overprinting campaign was chaotic. Stampings vary noticeably in impression quality and placement, and the "second issue" designation reflects a revised stamp applied after early overprints proved too easily counterfeited or imitated by other successor states. The underlying note remained Austro-Hungarian Bank issue throughout — Austria had no press infrastructure ready for original production at that moment.
Rampant inflation hit the new Austrian Krone hard within two years of this issue.