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50 Kronen

Issuer Oesterreichisch-ungarische Bank
Year 1902
Type Standard circulation banknote
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Obverse description Two allegorical female figures representing Agriculture and Science are central to the vignette composition. The small coat of arms of the Austro-Hungarian monarchy is positioned in the upper centre of the note. The design is rendered in the ornate intaglio style typical of early twentieth-century Central European banknote production.
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Reverse description The reverse presents two allegorical female figures analogous to those on the obverse, accompanied by the Hungarian arms. Text inscriptions appear in Hungarian, reflecting the bilingual character of the Austro-Hungarian monetary union.
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Comments

The Oesterreichisch-ungarische Bank's 1902 series was produced during a period of relative monetary stability in the Dual Monarchy, but the 50 Kronen denomination circulated hard and long — notes of this type were still turning up in commerce well into the First World War, years past their intended replacement. The Austro-Hungarian krone had been established by the currency reform of 1892, abandoning the gulden system, and by 1902 the Bank was refining the series rather than overhauling it.

Pick 6 examples with clean signatures are noticeably scarcer than the later issues; the combination of heavy use and wartime paper shortages meant survivors were rarely in good condition when withdrawn.

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