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10 Heller

Issuer Gemeinde Sankt Aegidi
Year 1920
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Value 10 Hellers (0.10)
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Obverse lettering St. Aegidi 10 Heller
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Reverse lettering Der Gutschein sei in harter Zeit / Des deutschen Volkes Not geweiht! / M. / Die Gemeinde St. Aegidi haftet für diese Verbindlichkeit mit ihrem gesamten beweglichen und unbeweglichen Vermögen. / St. Aegidi, im Juni 1920. / Die Nachahmung wird gesetzlich bestraft.
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Comments

Sankt Aegidi is a small municipality in Upper Austria, and this 10 Heller note is a product of the Notgeld wave that swept Austria between 1919 and 1921 — a period when the central government's currency was so eroded by postwar inflation that individual communes resorted to printing their own emergency scrip to keep local commerce moving. Thousands of Austrian towns did the same, which makes attribution and cataloging genuinely difficult at the lower tier of issues like this one.

The Jaksch/Pick reference places it firmly in the documented series, but surviving examples from minor rural communes tend to be undercirculated — bought by collectors almost immediately rather than spent.

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