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5 Gulden

Issuer k.k. Staats-Central-Cassa
Year 1849
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Value 5 Gulden
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Obverse description Plain typeset note with ornate letterpress border. Central vignette panel upper right bears an interest table cartouche with decorative frame. The denomination 'Fünf Gulden' is set in large Gothic script below the serial number, followed by a lengthy German text body and the date 'Wien am 1. Juli 1849.'
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Reverse description Entirely typeset reverse with letterpress-printed interest accrual table. Two columns list dated payment intervals from 10 July 1849 through 30 June 1850, showing the incremental Gulden and Kreuzer amounts due. Text header explains that interest of one quarter Kreuzer per ten days is calculated on the five Gulden face value.
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Comments

The k.k. Staats-Central-Cassa was not a bank in any conventional sense — it was the Austrian imperial treasury's direct financing arm, issuing these notes to cover the catastrophic military expenditure of 1848–49. The revolutionary upheavals across the Habsburg domains, from Vienna to Budapest to Milan, had shredded normal state finances, and these Gulden notes were an emergency fiscal instrument, not a product of measured monetary policy.

Paper quality on surviving examples tends to be fragile; the wartime printing conditions in Vienna were not ideal, and the notes circulated hard through a population that had little alternative.

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