The Czech Republic dates to after the fall of the Soviet Union and dissolution of Czechoslovakia in 1992-1993. The history of the Czech people and land goes back to the Holy Roman Empire. The area was called Bohemia and Moravia until it became part of the Austro-Hungarian Empire around 1806. After WWI, these lands are combined into a newly formed Czechoslovakia in an attempt to strengthen the Hungarian areas in Slovakia, and probably weaken or at least divide the German speaking Czech people from Austria and Germany. As a result this division never is truly bridged, and the Czech areas were ceded to Germany in the 1930s. Czechoslovakia is rebuilt after WWII and falls under the Soviet sphere of influence. Since 1993, the Czech Republic began working toward integration into the Eurozone. Although part of the Eurozone, the Czech government has not agreed to adopt the Euro as its currency.
Adoption of the Czech Republic Koruna
In 1993 the Czech Republic adopted the Koruna as its currency to replace the Czechoslovakian Koruna. As a result the first ‘official series’ is typical of the time and European region. The far left is not on the print to accommodate the watermark. The far left has a large portrait of a famous Czech person and the middle has designs of buildings, flora and fauna. The 200 Koruna (P-6) is interesting. Its theme is teaching. Also what makes it interesting is the large engraving on the reverse showing hands touch. This image looks like the Michelangelo’s Creation of David. It looks like it is the passing of knowledge from teacher to child. In 1998, the banknotes receive an upgrade to include a window thread for additional security.
In 2019, the Bank issued two commemoratives for the 100th anniversary of the use of the Kurona. The first was the same P-28 design with a silver foil overprint of “ČNB (Czech National Bank), 1919 (year of introducing koruna as national currency), 100 LET (100 years), Kč (initials of Czech koruna), 2019 (anniversary)”. More interesting is P29 which is a new design. For example the front has Alois Raisin who was one of the founders of Czechoslavakia and its first Finance Minister. There are really nicely linden leaves and linden fruit on the front. On the reverse is a reproduction of an allegorical head of the Republic which is also present on the building of the State Printing Works. The Banking Office Buiilding is also on the reverse. This has a very good design and is an attractive note for anyone’s collection.
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