2 Gulden

The Privilegirte Vereinigte Einlösungs- und Tilgungs-Deputation was not a bank in any conventional sense — it was a state liquidation body, created specifically to manage the catastrophic fallout of Austria's 1811 Finanzpatent, which devalued all existing banknotes to one-fifth of their face value overnight. The new notes issued by this body were themselves instruments of that devaluation, not replacements meant to restore confidence.

Austria had been financing the Napoleonic wars on printed paper, and by 1811 the Wiener Stadtbanko notes had inflated to near worthlessness. The Deputation's emissions were part of a forced conversion — holders of old notes received these at the punishing five-to-one rate.

The 2 Gulden denomination sits at the lower end of the series, suggesting it was aimed at smaller transactions during what was effectively a controlled monetary collapse.