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50 Kronen

Issuer Oesterreichisch-ungarische Bank
Year 1914
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Reference(s) P#15
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Obverse lettering 50 FÜNFZIG KRONEN WIEN, 2. JÄNNER 1914 OESTERREICHISCH-UNGARISCHE BANK
Reverse description The central vignette mirrors the obverse with a female portrait bust set within a guilloche frame, while the coat of arms of Hungary appears at the lower right. All text and denomination inscriptions are rendered exclusively in Hungarian, reflecting the dual-language structure of the Austro-Hungarian monetary system.
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Comments

The Oesterreichisch-ungarische Bank's 1914 50 Kronen entered circulation at almost exactly the moment the dual monarchy mobilized for war. Wartime printing pressures quickly degraded quality control, and later impressions from the same plates show noticeably weaker ink registration compared to the earliest-dated examples — a known issue with this series that collectors regularly encounter.

Josef Pfeiffer was a prolific designer for the bank's Vienna printworks, responsible for much of the high-relief intaglio work that characterizes Austro-Hungarian currency of this period. The watermark is the primary authentication feature; the paper itself was sourced under contract arrangements that would be disrupted within two years of this note's first issue.

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