Catalog
5 Gulden
| Issuer | Pr. vereinigte Einlösungs- und Tilgungs-Deputation |
|---|---|
| Year | 1813 |
| Type | Standard circulation banknote |
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| Obverse description | The note is printed in black on cream paper with an elaborate letterpress border composed of repeating guilloche rosettes and geometric ornamental panels framing the entire face. The denomination numeral "5" appears within a circular guilloche cartouche at the top centre, flanked by the bilingual value inscriptions "Fünf Guld:" and "Öt forint.", while the words "FÜNF" and "FÜNFE" are printed vertically in bold along the left and right margins respectively. The central text field carries the title "Anticipations-Schein von Fünf Gulden" in a combination of blackletter and roman typefaces, followed by a multilingual legal legend referencing the Imperial Patent of 16 April 1813, the issuing authority "Pr. vereinigte Einlösungs- und Tilgungs-Deputation", and manuscript signatures with a handwritten serial number below; the bottom border bears the Polish and Czech value equivalents "Pèt zlatých." and "Pięć Ryńskich." |
|---|---|
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| Protection type | Watermark |
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| Comments |
The Privilegirte vereinigte Einlösungs- und Tilgungs-Deputation was created by imperial decree in 1811 specifically to manage the catastrophic fallout from Austria's Bankozettel inflation — by that point the currency had lost roughly 80% of its face value, and the state had formally acknowledged the devaluation through the Finanzpatent of February that year. This body's notes, the Einlösungsscheine, were issued at a 1:5 ratio against the old Bankozettel, an exchange that wiped out enormous amounts of private wealth overnight.
By 1813, Austria was deep in the Wars of the Sixth Coalition, and fiscal pressure was unrelenting. Even the replacement currency was depreciating before the ink had dried.