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10 Korona

Issuer Osztrák-Magyar Bank (Austro-Hungarian Bank)
Year 1915
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Value 10 Crowns (Koronás)
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Obverse lettering TIZ KORONA
OSZTRÁK-MAGYAR BANK
AZ OSZTRÁK-MAGYAR BANK E BANKJEGYÉRT BÁRKI KÍVÁNSÁGÁRA AZONNAL FIZET BÉCSBEN ÉS BUDAPESTEN FŐINTÉZETEINÉL TÖRVÉNYES ÉRCPÉNZT
BÉCS, 1915 JANUÁR 2.
FŐTANÁCSOS KORMÁNYZÓ VEZÉRIGAZGATÓ
A BANKJEGYEK UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK
MAGYARORSZÁG
(Translation: HUNGARY)
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Reverse lettering DIE OESTERREICHISCH-UNGARISCHE BANK ZAHLT GEGEN DIESE BANKNOTE BEI IHREN HAUPTANSTALTEN IN WIEN UND BUDAPEST SOFORT AUF VERLANGEN
ZEHN KRONEN
OESTERREICHISCH-UNGARISCHE BANK
GENERALRAT GOUVERNEUR GENERALDIREKTOR
DESET KORUN
DZIESIĘC KORON
ДЕСЯТЬ КОРОН
DIECI CORONE
DESET KRON
DESET KRUNA
ДЕСЕТ КРУНА
ZECE COROANE
DIE NACHMACHUNG DER BANKNOTEN WIRD GESETZLICH BESTRAFT
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Comments

The Austro-Hungarian Bank issued this 10 Korona as part of its wartime series, and the 1915 date places it squarely in the middle of the empire's accelerating financial strain. Military expenditure during the First World War forced massive increases in note circulation — the korona's purchasing power was already eroding badly by this point, and inflation would make these notes nearly worthless within a few years.

After the empire's collapse in 1918, successor states including Czechoslovakia, Austria, and Hungary overprinted existing Austro-Hungarian notes to claim them as national currency while border controls were established. Unoverprinted examples of this issue circulated in multiple countries simultaneously under completely different political arrangements.

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