Catalog
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| Issuer | Oesterreichische National Zettel Bank |
|---|---|
| Year | 1816 |
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| Reference(s) | P#A60 |
| Obverse description | Plain cream paper with typeset text in German script. At upper centre, the denomination "Tausend Gulden" is set in large calligraphic typeface; at left, an oval guilloche vignette bears the numeral 1000. A text panel in the centre records the promise to pay in silver coin, dated Wien 1816, with two manuscript signatures at lower right above the bank inscription. |
|---|---|
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| Variants | P#A60a - Issued note P#A60b - "Formulare" |
| Comments |
The Oesterreichische National Zettel Bank was itself a creature of crisis — established in 1816 specifically to address the catastrophic inflation unleashed by the Wiener Stadtbanco's wartime overissue, which had driven the gulden to roughly one-fifth of its nominal silver value by 1811. The Finanzpatent of that year had already forced a brutal currency devaluation before this institution even existed.
A 1000 Gulden denomination in 1816 was not pocket money. At that conversion rate, this was a high-value instrument intended for merchant and institutional settlement, not retail trade.