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Austrian Bond - 1,000 or 100 Gulden Bond dated 1868

Inv# FB6224   Bond
Austrian Bond - 1,000 or 100 Gulden Bond dated 1868
Country: Austria
Years: 1868

Bond. Available in 1,000 Gulden or 100 Gulden. Please specify denomination. Some coupons remain.

The Gulden or forint (German: Gulden, Hungarian: forint, Croatian: forinta/florin, Czech: zlatý) was the currency of the lands of the House of Habsburg between 1754 and 1892 (known as the Austrian Empire from 1804 to 1867 and the Austro-Hungarian Monarchy after 1867), when it was replaced by the krone/korona as part of the introduction of the gold standard. In Austria, the Gulden was initially divided into 60 Kreuzer (Czech: krejcar), and in Hungary, the forint was divided into 60 krajczár (Croatian: krajcar). The currency was decimalized in 1857, using the same names for the unit and subunit.

The name Gulden was used on the pre-1867 Austrian banknotes and on the German language side of the post-1867 banknotes. In southern Germany, the word Gulden was the standard word for a major currency unit. The name Florin was used on Austrian coins and forint was used on the Hungarian language side of the post-1867 banknotes and on Hungarian coins. It comes from the city of Florence, Italy where the first florins were minted, from 1252 to 1533.

The Gulden first emerged as a common currency of the Holy Roman Empire after the 1524 Reichsmünzordnung in the form of the Guldengroschen. In the succeeding centuries the gulden was then defined as a fraction of the Reichsthaler specie or silver coin.

As of 1690 the gulden used in Southern Germany and the Austrian Empire adhered to the Leipzig standard, with the gulden worth 1/18th a Cologne Mark of fine silver or 1/2 the Reichsthaler specie coin, or 12.992 g per gulden. Below is a history (in terms of grams of silver) of the standards of the Austro-Hungarian Gulden from 1690 until the gold standard was introduced in 1892. A comparison with the lower-valued South German gulden is also included. The course of value of the gulden before 1618 is found under Reichsthaler.

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Condition: Good

A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

Item ordered may not be exact piece shown. All original and authentic.
Price: $60.00