Catalog
500 Gulden
| Issuer | Wiener Stadt Banco |
|---|---|
| Year | 1800 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | 500 Das ist Fuld. Fünf Hundert Gulden Wiener Stadt Banco-Zettel welcher in allen Kaißerlichen-Kameral- und Banco-Kaßen der ungarisch- böhmisch- und österreichischen Erblanden in allen Wegen für Ganze Herd, Das ist für Fünf Hundert Gulden angenommen wird. Wien den 1ten Jänner 1800. FÜNFT HUNDERT GULD. |
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| Variants | P#A36a - Issued note P#A36b - "Formulare" |
| Comments |
The Wiener Stadt Banco was not a bank in any modern commercial sense — it was a municipal credit institution founded in 1706 to manage Vienna's civic debt, and by 1800 it had become the primary mechanism through which the Habsburg state financed its chronic wartime deficits. The Napoleonic Wars were already straining Austrian finances severely, and the flood of Banco notes issued in this period contributed directly to the collapse of 1811, when Austria declared a state bankruptcy and reduced the face value of outstanding paper by 80 percent.
A surviving 500 Gulden note from 1800 represents one of the higher denominations in active use just before that catastrophe.