Bayerische Hypotheken- und Wechsel-Bank: 10 Gulden von 1836

Giesecke+Devrient Stiftung Geldscheinsammlung


Obverse: circular frame with ornamentation and value "X" in the corners; on the left allegorical female figure with sheaf of grain as personification of agriculture; allegorical female figure with a mirror on the right side.

Reverse: one-sided

At the instigation of King Ludwig I, the Bayerische Hypotheken- und Wechsel-Bank (Bavarian Bank of Mortgage and Exchange) was founded on 18 June 1835. It was the one and only Bavarian central bank to issue banknotes from 1836 onwards. On 19 November 1836, the first issue of the 10-guilder note was disbursed. It fulfilled the highest standards in its design and in its attempts to make it forgery-proof with watermarks and dry stamps. The signatures of the bank's first director, Baron Simon von Eichthal, as well as of the royal commissioner, Count Philipp von Lerchenfeld, and of Joseph von Maffei, the senior official of banknote production, additionally guaranteed the authenticity of the banknote. The privy councillor Leo von Klenze, the court master builder of King Ludwig I, designed the figures for the 10 guilders note. The staff of the bank’s technical department produced the artwork: Heinrich Neuer, Friedrich Autenrieth and Peter Haseney. The printing itself was carried out in the bank's in-house print shop. In 1842, counterfeits of this first issue appeared in Bad Tölz and Kaufbeuren. The perpetrator was caught and convicted. Between 1843 and 1846, the first issue of the 10-guilder note was withdrawn.