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50 Gulden

Issuer Privilegirte Oesterreichische National-Bank
Year 1841
Type Standard circulation banknote
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Obverse description Central vignette shows two allegorical figures flanking a large coat of arms, with text panels in ornate script below the denomination "FÜNFZIG GULDEN" at top centre. Oval portrait medallions of a female bust appear at left and right within elaborate guilloche borders, and a frieze of classical heads runs along the upper margin. Series and serial number appear in oval cartouches at upper corners.
Obverse lettering FÜNFZIG GULDEN
Die privilegirte oesterreichische National-Bank bezahlt dem Ueberbringer dieser Anweisung Fünfzig Gulden Silbermünze nach dem Conventions-Fusse.
Für die privilegirte oesterreichische National-Bank
Wien, den 1ten Jänner 1841
NATIONAL BANK
Serie
No
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Comments

The Privilegirte Oesterreichische National-Bank — Austria's first central bank, chartered in 1816 partly to stabilize a currency wrecked by Napoleonic war financing — was by 1841 still wrestling with public distrust of paper money. The gulden notes of this period circulated alongside silver coin, and the exchange relationship between paper and specie fluctuated uncomfortably. That tension shaped how conservatively these notes were managed and how quickly worn examples were withdrawn.

Pick A72 predates the revolutionary upheaval of 1848, which forced a dramatic expansion of note issue and permanently altered the bank's relationship with the Habsburg state.

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