-40%
1902 - 1,000 Kronen Austro-Hungarian Empire - Pre-WWI and Pre-Inflation - Large
$ 10.13
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Description
1902 - 1,000 Kronen Austro-Hungarian Empire - Pre-WWI and Pre-Inflation - Large bill - 7 1/2" x 5"In 1902, the Austro-Hungarian Empire was a dual monarchy that consisted of two separate but equal parts: the Austrian Empire and the Kingdom of Hungary. The empire had its own currency, known as the Austro-Hungarian krone (Kronen in plural), which was used in both Austria and Hungary.
The 1,000 Kronen banknote was a high denomination note that was issued by the Austro-Hungarian Bank during this time. It featured various designs and motifs, depending on the specific series and issue of the banknote. The design typically included portraits of notable figures from Austrian or Hungarian history, allegorical figures representing industry and agriculture, and intricate patterns or scenes symbolizing the empire’s cultural heritage.
The 1,000 Kronen banknote held significant value at the time and would have been considered a substantial sum of money. It would have been used for larger transactions or by individuals with higher incomes or wealth. The banknote’s design and security features aimed to prevent counterfeiting and ensure its authenticity.
During this period, the Austro-Hungarian Empire faced various economic challenges and political tensions. The empire was characterized by a diverse population with different ethnic groups and languages, which sometimes led to conflicts and struggles for autonomy or independence. These factors influenced the economic stability of the empire and affected the value of its currency.
Despite these challenges, the Austro-Hungarian Empire maintained its position as a major European power until its dissolution in 1918 following World War I. The empire’s currency, including the 1,000 Kronen banknote, ceased to exist with the collapse of the empire.