Collection PL

Austria 1806 - Wiener Stadt Banco 10 Gulden Issued Note (Pick A39a)

The 10 Gulden Banco-Zettel of 1806, issued by the Wiener Stadt Banco and catalogued as Pick A39a, represents the upper operational tier of Austria’s first fiduciary paper money system. Introduced as part of the Banco-Zettel reforms beginning in 1796, these notes were created to finance sustained military conflict and expanding state expenditure during the Napoleonic Wars, at a moment when metallic reserves were insufficient to support the needs of the Habsburg Monarchy. Within the denomination structure, 10 Gulden functioned primarily as a high-value transactional instrument. ... Read more →

Austria 1800 - Wiener Stadt Banco 5 Gulden Issued Note (Pick A33)

The 5 Gulden note of 1800, issued by the Wiener Stadt Banco, occupies a pivotal position within Austria’s early fiduciary paper money system known as Banco-Zettel. Introduced in 1796, this system marked the Habsburg Monarchy’s first sustained attempt to replace metallic circulation with state-backed paper currency, driven by the severe fiscal pressures of continuous warfare and structural budget deficits at the end of the eighteenth century. Within the denomination hierarchy, 5 Gulden functioned as a true intermediary value. ... Read more →

Portugal 1799 - Real Erario 20000 Reis Apólice, Original Issue, No Overprint, Lisboa No. 37723

A Portuguese royal-era public debt instrument issued in Lisboa in 1799 under the authority of the Real Erario, denominated 20000 reis and payable to bearer. This document is an apólice, a formal treasury obligation representing state-backed debt issued during a period of administrative continuity in late eighteenth-century Portugal, prior to the political and fiscal disruptions of the nineteenth century. This example belongs to the original issue phase of Portuguese treasury apólices and predates the period commonly associated with the War of the Brothers. ... Read more →