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5 Kronen

Issuer Oesterreichisch-ungarische Bank
Year 1918
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Size 122 x 80 mm
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Obverse lettering DIE OESTERREICHISCH-UNGARISCHE BANK ZAHLT GEGEN DIESE BANKNOTE BEI IHREN HAUPTANSTALTEN IN WIEN UND BUDAPEST SOFORT AUF VERLANGEN FÜNF KRONEN IN GESETZLICHEM METALLGELDE WIEN, 1.OKTOBER 1918 OESTERREICHISCH-UNGARISCHE BANK DIE NACHMACHUNG DER BANKNOTEN WIRD GESETZLICH BESTRAFT PET KORUN PET KORUN PET KRUNA CINQ CORONE
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Protection description Watermarked paper with interlaced pattern visible when held to light.
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Comments

The Oesterreichisch-ungarische Bank issued this note in the final year of the Austro-Hungarian Empire's existence — by November 1918 the empire had ceased to exist entirely. Notes of this series were inherited by the successor states and remained technically valid in several of them, but individual governments quickly moved to overprint or perforate their inherited stocks to prevent currency arbitrage across the new borders. Unmodified examples circulated in the transitional chaos before national currencies were properly established.

The P#22 5 Kronen is one of the more common survivals from the series, given the volume printed. Wartime paper quality varies noticeably across print runs.

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