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50 Kronen
| Issuer | Oesterreichisch-ungarische Bank |
|---|---|
| Year | 1920 |
| Type | Standard circulation banknote |
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| Obverse description | Central vignette of a female portrait within an ornate oval frame, surrounded by intricate guilloche work and floral corner ornaments, all printed in blue-violet tones. The denomination OTVEN KORONA appears in bold letterpress below the vignette, accompanied by the issuing authority text OSZTRAK-MAGYAR BANK and the date Bécs, 1914 január 2. The Austrian arms appear at lower right, with the overprint text 'Ausgegeben nach dem 4. Oktober 1920' applied over the original Austro-Hungarian Bank issue (P#15), and three signature facsimiles appear along the lower margin. |
|---|---|
| Obverse lettering | OTVEN KORONA OSZTRAK-MAGYAR BANK Bécs, 1914 január 2. AZ OSZTRAK-MAGYAR BANK E BANKJEGYERT BARKI KIVANSAGARA AZONNAL FIZET BECSI ES BUDAPESTI FOIINTEZETEINEL TORVENTES ERCPENZET Ausgegeben nach dem 4. Oktober 1920 (Translation: Issued after October 4th, 1920) |
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| Comments |
This note was issued under the Oesterreichisch-ungarische Bank's authority but circulated into a political reality the bank had never anticipated — the dissolution of Austria-Hungary. By 1920, the successor states were already stamping or overprinting retained Austro-Hungarian currency to claim it as their own, and uninflated 50 Kronen notes were among the denominations caught mid-circulation during that chaotic partition. Josef Pfeiffer, a Vienna-trained artist who contributed designs to several late imperial issues, worked on this series as the monarchy was already collapsing around the institution commissioning him.
The bank itself was formally liquidated in 1923, making this one of the final denomination releases from a central bank that had ceased to have a coherent state behind it.