Collection › Austria › #31
1 Krone
P-P-49
Approved
✦ AI 90%
Where & when
What's on the note
Front: This 1 Krone note was originally issued by the Austro-Hungarian Bank on December 1, 1916, during World War I. The red 'DEUTSCHÖSTERREICH' overprint was applied in 1919 to distinguish Austrian currency from Hungarian issues following the dissolution of the Austro-Hungarian Empire. The note features the imperial Austrian double-headed eagle at left and the Hungarian coat of arms at right, reflecting the dual monarchy's bilingual administration with German text on the left and Hungarian on the right.
Back: The reverse displays an allegorical female head representing Austria at center, surrounded by Art Nouveau decorative elements. The denomination 'ONE KORUNA/KORONA' is shown in eight languages representing the various nationalities of the former Empire: Czech, Slovak, Ukrainian, Italian, Slovenian, Croatian, Serbian, and Romanian. Anti-counterfeiting warnings appear in German and Hungarian.
How it was made
Signatures: Generalrat-Főtanácsos; Gouverneur-Kormányzó; Generalsekretär-Vezértitkár
Security features: intaglio,microprint
Austria in Europe
Austria in Europe. Other countries on the same continent shown in muted grey.
Background & history
After Austria-Hungary's defeat in World War I and the empire's dissolution in November 1918, the newly proclaimed Republic of German-Austria (Deutschösterreich) overprinted existing Austro-Hungarian banknotes to differentiate them from those circulating in Hungary and the successor states. The 'Deutschösterreich' overprint was applied from early 1919. This transitional currency remained legal tender until the introduction of the Austrian Schilling in 1925. The note exemplifies the chaotic monetary conditions of post-WWI Central Europe.
Collector references
How it came to me
Excellent preservation with minimal handling, sharp corners, original crispness retained
What it's worth now
Valuation history (1)
| date | low | high | currency | source | note |
|---|---|---|---|---|---|
| 2026-05-08 08:13:02 | 3.0 | 8.0 | USD | ai | claude-sonnet-4-5: Austria P-49 1 Krone Deutschösterreich overprints are common post-WWI transitional notes; AU examples typically sell for $3-8 in the current market. |
History & extractions
AI extractions (2)
Edits & decisions (1)
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