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1 Krone Haag
| Issuer | Bürger- und Ständevereinigung im Markt Haag, Niederösterreich |
|---|---|
| Year | 1920 |
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| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | 31 July 1920 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| 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. |
| Reverse lettering | Die Bürger- und Ständevereinigung im Mkt. Haag Nied.-Öst. gibt Notgeld im Betrage von zwanzigtausend Kronen aus und hinterlegt entsprechend der Ausgabe bei der Gemeindevorsteung den entfallenden Betrag als Deckung. Giltig bis 31. Juli 1920. Bis zu diesem Termine erfolgt die Einlösung dieser Gutscheine durch das Gemeindeamt Haag. Nachahmung wird gesetzl. verfolgt! Buchdruckerei Huber Haag |
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| Comments |
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.