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50.000 Kronen

Issuer Oesterreichisch-ungarische Bank
Year 1922
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Currency Krone (1919-1925)
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Obverse lettering 50.000 Wien, 2. Jänner 1922 Oeſterreichiſch-ungariſche Bank
Reverse description The reverse carries a central text panel with the denomination and issuing authority inscription rendered in a formal roman typeface, surrounded by guilloche border work. The layout is typographic in character, with the denomination 50.000 displayed in large numerals alongside the place and date of issue. Decorative frame elements reinforce the overall formal register of the design.
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Comments

By the time this note was issued in 1922, the Austro-Hungarian Bank was already an anachronism — the empire it had served had ceased to exist in 1918, and successor states were busy stamping or overprinting older Krone notes to claim them as national currency. Austria itself had been doing the same since 1919. This 50,000 Kronen denomination reflects how badly hyperinflation had eroded purchasing power in the rump Austrian republic; denominations that would have been unthinkable before the war had become routine by the early 1920s.

Schramm and Junk were both prominent figures in Viennese applied arts, their involvement a holdover from the bank's prewar tradition of commissioning serious artistic talent for its note designs.

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