50 Gulden

The K.K. Reichs-Central-Cassa was the Austrian imperial treasury's direct issuing arm, distinct from the Austro-Hungarian Bank that formally took over note-issuing responsibilities during the same decade. This 50 Gulden belongs to a transitional moment: the Austro-Hungarian Bank's statutory monopoly on banknote issue was consolidating through the late 1870s and early 1880s, making Reichs-Central-Cassa issues from this period administratively anomalous and short-lived as a series.

The Gulden itself was already on borrowed time — the Krone replaced it in 1892 at a fixed rate of two Kronen per Gulden.