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50 Schilling

Issuer Alliierte Militärbehörde
Year 1944
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In circulation to 20 December 1945
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Reverse description The reverse continues the orange-brown tonal scheme, dominated by a large bold numeral 50 at centre, set against a symmetrical background of fine guilloche lacework. Two large oval guilloche medallions, each enclosing a smaller circular cartouche with the denomination 50 / SCHILLING, are positioned to the left and right of the central numeral. The denomination legend FÜNFZIG SCHILLING in dark brown letterpress appears below the numeral, with an ornate guilloche border frame running the full perimeter of the note.
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Protection description Wavy lines
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Comments

The Allied Military Authority schilling notes were prepared in advance of the liberation of Austria and issued from 1944 under joint Allied authority. This series was produced by Waterlow & Sons in London — the same firm then handling numerous wartime emergency currency contracts — and was intended to replace Reichsmark circulation in the occupied zones without requiring an immediately functional Austrian central bank.

Austria's monetary situation at liberation was complicated by the fact that Reichsmark notes remained technically legal tender well into 1945, creating a brief period of parallel circulation that the Allied schilling issues were specifically designed to displace.

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