10 Gulden

The k.k. Staats-Central-Cassa was not a bank in any conventional sense — it was the Imperial Austrian state treasury office pressed into emergency currency issuance during the revolutionary upheaval of 1848–49. The empire's finances were in acute crisis, with military campaigns against Hungarian insurgents and Italian revolts draining reserves faster than the Nationalbank could accommodate. These notes were a fiscal stopgap, not a monetary policy instrument.

The 1849 series circulated alongside a chaotic mix of older Bancozettel and Nationalbank notes, contributing to the inflationary pressures that plagued Austria well into the 1850s. Paper from this period is frequently found with folds consistent with prolonged pocket wear — the public had little choice but to use whatever came to hand.