Czech Republic

Czech Republic chapter of The Banknote Book is now available

Czech Republic

The Czech Republic chapter of The Banknote Book is now available for individual sale at US$4.99, and as a free download to subscribers.

At the time of initial publication, this 9-page catalog covers every note (35 types and varieties, including 1 note unlisted in the SCWPM) issued by the Česká Národní Banka (Czech National Bank) from 1993 until present day.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Red stars highlight the many notes missing from the SCWPM
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

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If you collect the entire world or a large number of countries, buying a $99 annual subscription is the best deal because it's less expensive than buying chapters individually, and it entitles you to every chapter currently available as well as everything published—or revised (click here to see the Change Log)—during the next 12 months.

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Czech Republic withdraws 50-koruna banknote


On 1 April 2011, the Czech National Bank officially replaces the 50-koruna note (Pick 17) note with a coin as a cost-saving measure. Notes remain redeemable for another five years.

Courtesy of Jay Mollindo.

Czech Republic to replace 50-koruna note with coin 01.04.2011


According to a Czech National Bank press release dated 8 October 2010:

As from 1 April 2011 it will not be possible to pay for goods and services with the CZK 50 [US$2.85] banknote. The Bank Board of the Czech National Bank has decided to terminate the CZK 50 banknote [Pick 17]. The note will be fully replaced in circulation by the currently used coin of the same denomination.
From 1 April 2011 to 31 March 2012, the invalid banknotes – which have a portrait of St. Agnes of Bohemia on the face side – will be exchangeable at bank branches and at branches of the Czech National Bank. From 1 April 2012 to 31 March 2017, the CZK 50 banknotes will be exchanged only by the Czech National Bank (at all its seven branches: Prague, Plzeň, Hradec Králové, Brno, Ostrava, České Budějovice and Ústí nad Labem).
The Czech National Bank has been gradually replacing the CZK 50 banknotes with coins since 2006. The number of such notes in circulation fell from 40 million at the end of 2005 to 25 million at the end of 2009, while the number of CZK 50 coins in circulation increased more than nine-fold in the same period (from 5 million to 47 million).
“The Bank Board’s main motivation in deciding to terminate the CZK 50 banknote was the lower costs of ensuring smooth currency circulation. Coins have a much longer useful life than banknotes, so they reduce the central bank’s direct expenditure on issuing money,” said CNB Bank Board member Pavel Řežábek.
The 50-crown note became part of the circulating currency as a Treasury note in 1919, shortly after the establishment of the independent Czechoslovakia. As a banknote it has been circulating in various versions since 1929 to the present. The longest period in circulation was recorded for the 50-crown note issued in 1965, which was valid until 1991. It depicted a Red Army soldier and a partisan and was designed by Václav Fiala. Treasury notes from the First Republic, especially those issued in 1919 and 1922, are most prized by collectors.
The 1994 and 1997 versions of the CZK 50 banknote are currently in circulation. The previous version (1993), which ceased to be valid in 2007, can currently be exchanged at the CNB. It will be exchangeable until 31 March 2017 only at CNB branches.”

Courtesy of Tristan Williams.

Czech Republic new 5,000-korun note confirmed


On 1 December 2009, the Czech National Bank introduced a new version of the 5,000-korun (US$287) note, now dated 2009 (offset printed in black) and with enhanced security features. The 1999 note of the same denomination remains legal tender, while the 1993 version remains exchangeable at the CNB.

The 2009 note is signed by Governor Tůma and bears series letter C. Among its new security features are “bichrome patterned iridescent metallic strip of overlapping gold and purple with recurring quartets of linden leaves and negative 5000s” to the right of the portrait on the front of the note. The note is also protected by Omron rings, 3-mm wide puce-to-green color-shifting windowed security thread with demetalized ČNB 5000 Kč, and the watermark of Tomáš Garrigue Masaryk now has 5000 and sitting eagle electrotype elements.

Anyone interested in buying one of these notes can contact the contributor by clicking the link below. Be sure to say you saw it mentioned here on Banknotenews.com.

Courtesy of Kevin Klauss and Evzen Sknouril.

Czech Republic issues revised 500-korun note


On 1 April 2009 the Czech National Bank introduced a revised 500-korun note (US$25.50) with improved security features. Existing 500-korun notes dated 1995 and 1997 will remain legal tender. The new notes are dated 2009, carry the signature of bank governor Tuma, use serial number starting with prefix E, and contain the following new/revised security features:

  • rose printed in gold-to-green OVI
  • Omron rings
  • watermark now includes electrotype 500 and primrose flower
  • windowed security thread is now 3-mm wide with cross-hatched demetalized ČNB 500 Kč and it changes color from puce-to-green
  • additional UV elements

Courtesy of Marian Klubert and Christof Zellweger.

Czech Republic revised 1,000-korun note confirmed


1,000 korun (US$60.65), 2008. To be issued April 1, 2008. Like P15, but new date, new signature (Tůma, GUVERNER), and many additional security features, including bichrome patterned iridescent strip of overlapping gold and blue, Omron rings, 1000 and linden leaf added as electrotype watermark, 3.0-mm windowed puce-to-green security thread with hatched ČNB 1000 Kč, and additional UV features. Designer: Oldřich Kulhánek. Printer: State Printing Office, Prague. 158 x 74 mm.

Courtesy of Claudio Marana.

Czech Republic issues revised 2,000-korun note


2,000 korun (US$93.65), 2007. Issued July 2, 2007. Like Pick 22, but new date, new signature (Tuma, GUVERNER), and many additional security features, including bichrome patterned iridescent strip of overlapping gold and blue, series other than A and B, Omron rings, 2000 and small ornament added as electrotype wmk, 3.0-mm windowed puce-to-green security thread with hatched CNB 2000 Kc, and additional UV features. Printer: State Printing Office, Prague.

Courtesy of Czech National Bank.