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Printed in red on a cream ground, the obverse carries two oval vignettes — one to the left and one to the right — each enclosing a portrait bust of a classical female figure set within elaborate guilloche borders. The central cartouche, surmounted by the Czechoslovak state coat of arms, bears the denomination legend in large bold letterpress type flanked by the numeral 5 in the upper corners. Below the central text block appears the date "V PRAZE, DNE 15. DUBNA 1919", a manuscript signature above the designation "MINISTR FINANCÍ", and at the foot a warning panel against counterfeiting. |
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The reverse is executed in deep blue on a cream ground and centres on a large quatrefoil guilloche rosette enclosing the bold numeral 5, the entire field filled with an intricate lace-like engine-turned underprint. The denomination value numerals 5 appear in the upper left and upper right corners within the scalloped border, while a red overprint inscription in Czech and Slovak runs diagonally across both the left and right portions of the field. |
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Czechoslovakia's first postwar issues were produced in a hurry. This 5 Korun belongs to the inaugural domestic series issued directly by the Ministry of Finance — not a central bank — because no such institution yet existed. The new state had been declared only in October 1918, and the immediate priority was stamping Austro-Hungarian notes to sequester currency before capital fled across the new borders. These printed replacements followed shortly after, filling the gap while monetary institutions were still being legislated into existence.
The print run of just over twelve million is modest for a low-denomination note, suggesting limited reissue. Surviving examples in any condition above heavy use are harder to locate than the circulation figures might imply.