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1000 Gulden

Issuer Privilegirte Oesterreichische National-Bank
Year 1858
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Shape Rectangular
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Obverse description Intaglio-printed note with two oval portrait vignettes of classical female allegorical figures framed by laurel wreaths, one left and one right. Centre bears the Austrian Imperial double-headed eagle coat of arms beneath the denomination oval. Lower corners carry small still-life vignettes with attributes of commerce and the arts.
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Variants P#A87 - Issued note. Rare
Comments

The Privilegirte Oesterreichische National-Bank's 1858 series came in the aftermath of Austria's disastrous Crimean War financing, during which the bank had been forced to suspend specie payments in 1848 and never fully restored them. By 1858 the gulden was still functioning on a depreciated paper standard, and high-denomination notes like this 1000 Gulden were essentially instruments of wholesale commerce and state treasury transfers — retail trade had no use for them.

Surviving examples are rare not through destruction but through simple scarcity of original issue. The denomination was printed in small quantities, circulated among institutions, and wore out quickly in that kind of use.

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