Catalog
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| Issuer | Oesterreichische Nationalbank |
|---|---|
| Year | 1928 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | 15 May 1938 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | An intaglio agricultural vignette occupies the centre, showing a lone figure at work in a broad field beneath a clouded Alpine sky with the Salzkammergut mountains in the distance. Symmetrical guilloche panels flank the scene on both sides, enriched with foliate and harvest ornaments including grapevine motifs at right and wheat sheaves at left. The denomination numeral '20' appears in the upper corners, while the value inscription is contained within a cartouche along the lower border. |
| Reverse lettering | 20 Zwanzig Schilling W. DACHAUER INV. FERD. LORBER SCULP. |
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| Comments |
Austria's interwar stabilization, anchored by the 1922 Geneva Protocols and League of Nations oversight, produced a genuinely new central bank — the Oesterreichische Nationalbank, established 1923 — and with it a need for currency that projected institutional credibility. This 1928 20 Schilling belongs to that consolidation phase, after the catastrophic hyperinflation of the early 1920s had been suppressed but before the banking crises of 1931 shattered confidence again.
Wilhelm Dachauer was a noted Viennese painter and graphic artist whose involvement gave the series a different character from purely commercial bank note work. Rudolf Zenziger and Ferdinand Lorber were staff engravers at the Austrian State Printing Works, which produced the note domestically — a deliberate choice after years of relying on foreign presses.