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10 Gulden

Issuer Privilegirte Oesterreichische National-Bank
Year 1847
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Reference(s) P#A76
Obverse description The upper register presents two allegorical vignettes: at upper left, the goddess Minerva accompanied by Hercules, and at upper right, a personification of Austria crowned with a mural crown. The central lower portion bears the coat of arms of the Austrian Empire, flanked on either side by two seated female figures personifying agriculture and trade with their respective attributes. The entire composition is executed in a refined intaglio style characteristic of mid-19th century Austrian banknote artistry.
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Protection type Watermark
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Comments

Austria's Privilegirte Oesterreichische National-Bank issued this note in the years immediately preceding the revolutionary upheaval of 1848, a period when the bank was already under considerable strain from government borrowing to finance military commitments across the empire. The note predates the bank's forced suspension of specie payments, which came in 1848 and would persist for over two decades — meaning notes from this series were issued under convertibility but quickly became inconvertible in practice.

Geiger was primarily a history painter and book illustrator, an unusual choice for banknote design work, though the practice of commissioning fine artists rather than commercial engravers was not uncommon in Vienna at this period. The watermark is the sole mechanical security measure.

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