Catalog
10 Gulden
| Issuer | Wiener Stadt Banco |
|---|---|
| Year | 1800 |
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| Currency | Gulden (1754-1857) |
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| Obverse description | The Austrian imperial coat of arms is positioned at centre, flanked by ornate cartouches bearing the denomination in Arabic numerals within garland frames to the left and right. The value in words appears in a black letterpress cartouche, with the full text of the legal tender declaration printed in period German script below, all enclosed within an elaborate typographic border. |
|---|---|
| Obverse lettering | 10 Gulden 10 Zehen Gũlden Wiener Stadt Banko = Zettel Welcher in allen Kontributions – Kameral – und Banco – Kaſſen der hungariſch – böhmiſch – und öſterreichiſchen Erblanden in allen Abgaben für Baares Geld, das iſt für Zehen Gulden angenohmen wird. Wien den 1 ten Januar 1800. von Gm̃r Stadt Wien Banco Zettels Haupt Kaſse 10 Gulden ~ ZEHEN ~ GULD ~ |
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| Comments |
The Wiener Stadt Banco was Austria's oldest public financial institution, founded in 1706 to manage the city of Vienna's municipal debt. By 1800, it had long since become the de facto issuer of Austria's paper currency — the Banco-Zettel — though it operated under chronic pressure from Habsburg war financing, particularly the costs of the Revolutionary Wars against France. Notes of this period were issued in enormous quantities to cover military expenditure, and the resulting inflation would eventually force the catastrophic 1811 Finanzpatent, which devalued outstanding paper currency to one-fifth of its face value.
The watermark is the sole security measure, characteristic of the series throughout this period.