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| Issuer | Marktgemeinde Spitz an der Donau |
|---|---|
| Year | 1920 |
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| Value | Log in to see details |
| Currency | Krone (1918-1921) |
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|---|---|
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| Reverse description | The reverse is similarly framed within a matching rectangular border and opens with the heading 'Wachauer Notgeld.' in Gothic blackletter, followed by 'Gutschein der Marktgemeinde Spitz a. d. D.' centred beneath; denomination boxes marked '10 Heller' appear at each side. Below an interlaced Art Nouveau ornament, a block of Gothic-script text states the legal guarantee and redemption terms of the Marktgemeinde, concluding with the anti-counterfeiting warning 'Die Nachahmung wird gesetzlich bestraft.' Three manuscript signatures appear above the printed titles 'Vizebürgermeister:', 'Bürgermeister:', and '1. geschäftsf. G.-Rat:'. |
| Reverse lettering | Wachauer Notgeld. Gutschein der Marktgemeinde Spitz a. d. D. 10 Heller Diese Gutscheine sind unverzinslich. Die Marktgemeinde Spitz a. d. Donau haftet mit ihrem ganzen beweglichen und unbeweglichen Vermögen für die Verbindlichkeit, diesen Schein bis 30. September 1920 in Zahlung zu nehmen und in der Zeit vom 15. bis 30. September 1920 in gesetzlichem Bargelde einzulösen. Die Nachahmung wird gesetzlich bestraft. Vizebürgermeister: Bürgermeister: 1. geschäftsf. G.-Rat: |
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| Comments |
Spitz an der Donau is a small wine-growing municipality in the Wachau valley of Lower Austria. This 10 Heller note is a Notgeld issue — emergency municipal scrip produced after World War One when the collapse of the Austro-Hungarian monetary system left local communities starved of small change. Thousands of Austrian towns and villages printed their own Notgeld between roughly 1919 and 1922, Spitz among them.
The Heller denomination itself was already economically marginal by 1920, rapidly eroded by postwar inflation that would accelerate dramatically through 1921–22.