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500 Gulden

Issuer k.k. Staats-Central-Cassa
Year 1850
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Composition Paper
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Obverse description Black letterpress on white paper within an ornate foliate border. The heading reads "Cassa-Anweisung" in decorative script above the denomination "Fünfhundert Gulden Conventions-Münze". A central text block states the issuer's obligations, with the numeral 500 in an oval cartouche at lower centre, dated Wien am 1. Jänner 1850 and bearing two manuscript signatures.
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Reverse description Plain white paper printed in black letterpress, headed by a statement concerning interest accrual from 1 January 1850 at two and two-quarter Kreuzer per day. The body of the reverse is occupied entirely by a detailed tabular interest schedule for the year 1850, arranged in twelve monthly columns listing daily redemption values in Gulden and Kreuzer.
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Comments

The k.k. Staats-Central-Cassa was Austria's state treasury cashier office, not a central bank in the modern sense — these notes were direct state obligations rather than bank-issued currency, a distinction that mattered politically in 1850 as the Habsburg government navigated the fiscal wreckage of the 1848 revolutions. The 500 Gulden denomination was a very large sum, equivalent to months of wages for most Austrians, meaning this note circulated almost exclusively among merchants, institutions, and the wealthier classes.

High-denomination notes from this series suffer disproportionately from period forgery — Austrian authorities documented significant counterfeiting activity in the early 1850s targeting the larger values specifically.

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