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1 Gulden
| Issuer | K.K. Staats-Central-Casse |
|---|---|
| Year | 1866 |
| Type | Standard circulation banknote |
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| Obverse description | Central vignette with an allegorical figure of Industry seated at lower left, holding a gear, alongside Mercury seated at right, printed in black on a green guilloche underprint. The denomination inscription appears in German using long-s orthography, framed within decorative letterpress borders. |
|---|---|
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| Reverse description | The imperial Austrian double-headed eagle dominates the centre, surrounded by an ornate guilloche border enclosing ten circular medallions, each bearing a provincial coat-of-arms. The denomination is rendered in ten languages in curved inscriptions between the medallions, with 'UN FLORIN' in a cartouche at the base and numeral '1' repeated at left and right. |
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| Comments |
The K.K. Staats-Central-Casse — the Imperial-Royal State Central Cash Office — issued these small-denomination gulden notes as a direct response to the financial strain of the Austro-Prussian War of 1866. Austria's catastrophic defeat at Königgrätz in July of that year accelerated the hoarding of coin, and low-denomination state notes were pushed into circulation to fill the gap left by vanishing silver.
The 1 Gulden denomination was the workhorse of everyday transactions, meaning surviving examples in any decent condition are genuinely uncommon — these circulated hard.