5000-crown banknote auctioned for record 25.68 million crowns

A Czechoslovak 5000-crown banknote from 1919 was auctioned on Saturday in Prague for 25.68 million crowns, becoming the most expensive Czech paper currency sold at a domestic auction, according to a press release by Bankovky.com, which auctioned the note for its client.

The note, which neither the Czech National Bank nor the National Museum owns, had a starting price of 2.5 million crowns. The banknote was in circulation for less than two years, and its uniqueness lies in the fact that only two such notes are known to survive today, both in private hands.