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10 Heller

Issuer Gemeinde Garsten (Municipality of Garsten)
Year 1920
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Value 10 Hellers (0.10)
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Reverse description Violet on buff paper. The reverse is dominated by a large landscape vignette of the Josef Reithoffer Gummi- und Kabelwerke industrial complex at Garsten, rendered in fine line engraving and showing multi-storey factory buildings set among trees with a tall chimney stack rising against a wooded hillside. The heading "Gemeinde Garsten." appears in Gothic script above the vignette, with the factory identification "Firma Josef Reithoffer's Gummi u. Kabelwerke" inscribed within the image. The denomination "10 HELLER" and "HELLER 10" with an interlaced monogram ornament is printed in bold letterpress along the lower margin within a dotted outer border.
Reverse lettering Gemeinde Garsten.
Firma Josef Reithoffer's Gummi u. Kabelwerke
10 HELLER HELLER 10
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Comments

Garsten is a small municipality in Upper Austria, just outside Steyr, and this 10 Heller note is a product of the postwar Notgeld wave that flooded Austria between 1919 and 1922. With the central monetary system effectively dysfunctional after the collapse of the Habsburg economy, thousands of local authorities — including tiny communes like Garsten — printed their own emergency small change. Emil Prietzel was a Steyr-based printer who handled several of these local issues, which accounts for the geographic consistency between issuer and press.

The Heller denomination itself was already obsolete in practical terms by 1920, worth fractions of almost nothing in real purchasing power.

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