1922 Austria-Hungary Bank 10 Kronen Note - Small Size Note - Choice of Grade - 1922 Austrian Ten Krone Banknote - P#75

This listing is for the photographed 1922 Austria-Hungary 10 Krone Banknote. This note was issued by the Austrian-Hungarian Bank (Oesterreichisch-Ungarische Bank) on January 1st, 1922, after the country split into Austria and Hungary after WWI. Obverse of this note depicts a portrait of a young boy at the right end. Choice of Crisp Uncirculated (UNC) or Choice Very Fine (VF+) grade/condition. Excellent piece of history, great addition to any collection! P#75 (Pick Number 75).

Austria-Hungary faced severe economic challenges during World War I, which deeply impacted its monetary system, particularly the issuance of banknotes. Before the war, the Austro-Hungarian Bank, a central bank serving both Austria and Hungary, issued the empire’s currency—the Austro-Hungarian krone. Due to an increase in the need for military expenditures, the empire began printing more money to finance the military, leading to hyperinflation. As coinage became limited due to the scarcity of metals in the empire, provisional notes were printed in smaller denominations by both the central and local authorities. By the end of the war, the Austria-Hungarian krone had lost much of its purchasing power, contributing to social unrest and economic instability.

After the empire dissolved in 1918, Austria, Hungary, and other successor states continued to use Austro-Hungarian banknotes for a brief period. Eventually, each country issued its own currency, replacing the krone.

This well-preserved Austria-Hungarian note is a fantastic piece of history and a must have for any collection!

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1922 Austria-Hungary Bank 10 Kronen Note - Small Size Note - Choice of Grade - 1922 Austrian Ten Krone Banknote - P#75