The 5,000th statehood from 1919 was auctioned in Friday’s internet auction for a record 12.1 million crowns. Its starting price was one million crowns. It thus became the most expensive Czech currency, which was sold at a domestic auction, said Adéla Hansen on behalf of the auction organizer. The auction was organized by Bankovky.com and 570 paper coins auctioned in the Czech lands between 1762 and 2019 were auctioned.
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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 thousand crowns and which was auctioned for 1.5 million crowns. The price of its perforated copy climbed to 1.45 million crowns.
The banknote, ie a banknote issued by the state, not the National Bank, with a nominal value of 5,000 crowns dates from 15 April 1919 and was in circulation until 1921. For a long time, only seven specimens were known in collectors’ circles, until 1990 15 pieces, 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.
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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 auctioned at high prices. Ferdinand III’s ten-decate has been holding the domestic record since November 10. 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 on Friday by the 5,000th state, surprised the chairman of the Czech Numismatic Society’s paper money branch, 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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