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2 Gulden Silbermünze

Issuer Privilegirte Oesterreichische National-Bank
Year 1848
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Composition Paper
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Obverse description Predominantly white note with an ornate guilloche border on all four sides bearing denomination numerals. A large calligraphic title "Zwei Gulden" appears at top, below which the text of the promise to pay is set in Gothic letterpress. A central circular official bank seal with eagle vignette is flanked by two columns of small-print text, with two manuscript signatures to its right.
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Protection type Official seal
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Comments

This note was issued in the revolutionary year of 1848 — the same months that saw Vienna erupt in uprising, Metternich flee to England, and the Habsburg court temporarily abandon the capital for Innsbruck. The Privilegirte Oesterreichische National-Bank had been issuing small-denomination Einlösungsscheine since the Napoleonic-era fiscal crises, and the 2 Gulden denomination served a population still deeply skeptical of paper instruments.

The sole security feature — an embossed or printed official seal — reflects how rudimentary anti-counterfeiting measures remained at mid-century Austria. Political instability throughout 1848–49 created chronic hoarding, which is why low-denomination notes from this issue survive in disproportionately high grade relative to their age.

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