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A paper banknote from 1919 was auctioned for CZK 12.1 million

The banknote thus became the most expensive Czech currency, which was sold at a domestic auction. Adéla Hansen informed CTK about this on behalf of the organizer. The auction was organized today by the company Bankovky.com and 570 paper coins were auctioned, which occurred in the Czech lands in the years 1762 to 2019.

The auction contained a complete offer of all banknotes of the 20th century. Another unique feature was the state-of-the-art with a nominal value of 500 crowns from 1919, the starting price of which was 200,000 crowns and which was auctioned for 1.5 million crowns. The price of its perforated copy climbed to 1.45 million crowns.

A state note is a banknote issued by the state, not the National Bank. The one that was auctioned today for a record amount has a nominal value of 5,000 crowns. It dates from April 15, 1919 and was in circulation until 1921. For a long time, only seven specimens were known in collector’s circles, until in 1990 the existence of 15 pieces was confirmed, later 26 pieces. At present, there are five thousand of these collectors’ prizes in private and public collections in the Czech Republic and abroad 36.

The author of most of the statesmen from 1919 was Alfons Mucha, but not of this 5,000. The obverse bears the same motif as the Austro-Hungarian thousand crowns from 1902, an inconspicuous Art Nouveau female portrait of the wife of one of the authors, Mrs. Lefler.

Coins are also being auctioned at high prices, and Ferdinand III’s ten-decate has been holding the domestic record since 10 November. from 1642. It was called for 5.3 million crowns and was auctioned for 30 million crowns, including an auction surcharge.

The award, which was reached today by the 5,000th state, surprised the chairman of the paper currency branch of the Czech Numismatic Society, Jiří Čížek. He considers it overvalued due to its condition, ie it is twice folded and perforated, ie officially devalued for collectors or interbank exchange. The high price is partly explained by the difficult possibility of other investments during the pandemic.

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