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| Issuer | Česká Národní Banka (Czech National Bank) |
|---|---|
| Year | 2019 |
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| Composition | Log in to see details |
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| Engraver(s) | Martin Srb |
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|---|---|
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| Reverse description | The reverse is dominated by an intaglio vignette of a female allegorical head in three-quarter view, rendered in warm amber and gold tones, positioned centrally against an architectural background referencing a classical Czech building with columns. The Czech lion coat of arms appears to the right of the central figure, and the commemorative year 2019 is integrated into the lower guilloche underprint. A leaf motif underprint in golden tones fills the background, and the denomination numeral 100 is repeated in gold at the right margin. |
| Reverse lettering | Padělání bankovek se trestá podle zákona STÁTNÍ TISKÁRNA CENÍN PRAHA ČESKÁ NÁRODNÍ BANKA MARTIN SRB SC. (Translation: Counterfeiting banknotes is punishable by law State Printing Works Prague Czech National Bank) |
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| Comments |
This note was issued to mark the centenary of the Czechoslovak koruna, introduced in 1919 under Finance Minister Alois Rašín, who engineered one of the more aggressive post-WWI currency stabilizations in Europe — physically stamping Austro-Hungarian banknotes circulating in the new republic and taxing a portion of the exchanged value outright, effectively vacuuming inflation out of the system before it could take hold.
Rašín was assassinated in 1923 by an anarchist; he died of his wounds weeks later. That a commemorative note bearing his name appeared ninety-six years after his death says something about how belatedly his policies were vindicated by economic historians.