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10 Heller

Issuer Ortschaft Aich (Upper Austria)
Year 1920
Type Local banknote
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Obverse description Light green note with an ornate floral and geometric border framing the entire design. A rural vignette in the centre-right background shows a woman walking beside a hay-laden wagon drawn by two horses. The denomination numeral '10' is printed in large bold Gothic typeface at centre-top, flanked by the word 'Heller' on each side, above the issuer legend 'Gutschein der Ortschaft Aich, O.-Öst.' in blackletter script.
Obverse lettering Gültig bis 31. Oktober 1920. — Nachahmung wird bestraft!
Heller 10 Heller
Gutschein
der Ortschaft Aich, O.-Öst.
Die Ortschaft haftet für diese Verbindlichkeit
mit ihrem gesamten Vermögen.
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Comments

Aich is a small village in Upper Austria, and like hundreds of similarly tiny communities, it resorted to printing its own emergency scrip during the acute coin shortage that followed Austria's defeat in the First World War. These Notgeld issues were a municipal stopgap — locally authorized, locally circulated, and redeemable only within the issuing community. The 1920 date places this firmly in the second wave of Austrian Notgeld, by which point the practice had become almost systematic across rural Upper Austria.

Redemption periods were short and strictly enforced. Notes that weren't presented in time became worthless, which is precisely why so many survived uncirculated in collector hands — even at the time, some residents held them back deliberately.

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