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50 Gulden

Issuer k.k. Staats-Central-Cassa
Year 1850
Type Standard circulation banknote
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Reverse description The reverse carries a detailed accrued-interest table in letterpress print, headed by a German explanatory paragraph noting that interest on the 50 Gulden note accrues from 1 January 1850 at one quarter Kreuzer per day. The main body presents a grid of daily interest values arranged by month across the year 1850.
Reverse lettering 1850.
Von dem Betrage von Fünfzig Gulden werden die Zinsen vom Tage der Ausstellung, d.i. vom 1. Jänner 1850 an, für je einen Tag mit einem Viertel Kreuzer u. s. f. berichtigt.
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The k.k. Staats-Central-Cassa was not a bank in any conventional sense — it was the Habsburg state treasury acting as its own note-issuing authority, a direct consequence of the Austrian state's chronic insolvency following the revolutionary upheavals of 1848. Private and quasi-independent banking institutions had proven unreliable from Vienna's fiscal perspective, and the government moved to consolidate paper currency issuance under direct imperial control.

The 1850 series came at a moment when the Nationalbank's relationship with the state was being renegotiated under considerable duress. Printing in Vienna kept the process firmly under government supervision — politically important given that currency confidence was still fragile after the Vormärz collapse.

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