Bank.notes

Types 🇦🇹 Austria

1 Krone #29

Deutschösterreich overprint issue (1919–1920) · issued 1916 · P-49 · common

Type details

Country Austria
Currency Krone
Denomination 1
Series Deutschösterreich overprint issue
Series year 1916
Series range 1919–1920
Issue year 1916
Issuer Austro-Hungarian Bank (with Deutschösterreich overprint)
Issuer (native) Oesterreichisch-Ungarische Bank / Osztrák-Magyar Bank
Signatures Generalrat-Főtanácsos; Gouverneur-Kormányzó; Generalsekretär-Vezértitkár
Printer Austro-Hungarian Bank Printing Works
Reverse subject Female head representing Austria (allegorical)
Themes statesman,architecture
Security features intaglio,microprint
Colour palette #c94c4c,#f5f5dc,#2c2c2c
Material paper
Dimensions (mm) 120x64
Language / script Latin
Languages de,hu,cs,sk,uk,it,sl,hr,sr,ro
Pick # P-49
Rarity common
Legal status demonetized
Legal status date 1924
Predecessor currency Austro-Hungarian Krone
Successor currency Austrian Schilling
Era 1900_1945
Default value (low) 3.0
Default value (high) 8.0
Value currency USD

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.

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.

Linked specimens (1)

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