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1 Krone Haag

Issuer Bürger- und Ständevereinigung im Markt Haag, Niederösterreich
Year 1920
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Value 1 Krone
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Obverse description Green and black letterpress Notgeld note with an ornate oak-leaf border framing the entire design. The central vignette presents a line-drawn townscape of Markt Haag, dominated by a Gothic chapel with a slender spire and the Jubiläums-Versorgungshaus — identified by caption as the future Bürgerschule — to the right; to the left, two children in regional dress stand among oak foliage. The denomination '1 Krone' appears in a circular cartouche at the upper right, while a four-line verse and the issuing purpose inscription run across the lower portion in Fraktur script, signed in the plate by J. Schlager and W. R. Tippl.
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Reverse description Reverse printed in green and white with a large central text panel set within a rounded rectangular reserve, surrounded by a dense decorative border of naturalistically rendered oak leaves and acorns in white relief against the green ground. The text, in Fraktur script, states the issuing authority, the total emission of twenty thousand Kronen, the deposit guarantee held by the Gemeindevorstand, and the validity deadline of 31 July 1920, with a warning against counterfeiting. The printer's imprint appears at the lower left margin.
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Haag am Hausruck — or in this case Haag in Niederösterreich — was one of hundreds of Austrian market towns that resorted to locally printed emergency currency during the severe coin shortage that followed the First World War. The issuing body, the Bürger- und Ständevereinigung, was a civic association rather than a financial institution, a detail that tells you how improvised the whole arrangement was. Municipal authorities, guilds, trade associations, savings clubs — virtually anyone with local standing could and did issue Notgeld in this period.

Printed by the local press of Buchdruckerei Huber, the note never left the immediate trading area. Redemption was typically promised but often poorly honoured once the inflationary spiral of the early 1920s made small-denomination paper more trouble than it was worth.

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