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10 Heller Alkoven
| Issuer | Gemeinde Alkoven (Municipality of Alkoven) |
|---|---|
| Year | 1920 |
| Type | Local banknote |
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|---|---|
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| Reverse description | The reverse is unprinted, presenting a plain expanse of the cream-buff paper stock with no vignette, text, or ornamental elements, consistent with the austere emergency currency production typical of Austrian Notgeld of this period. |
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| Signature(s) | J. Haselmayr |
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| Comments |
Alkoven is a small market town in Upper Austria, and this 10 Heller note is a Notgeld issue from the inflationary period following Austria's defeat in the First World War. The collapse of the Habsburg monetary system left municipal and local authorities issuing their own emergency scrip — Gemeinde Alkoven being one of hundreds of small communities that did so between 1919 and 1921. These hyper-local issues were often signed by the Bürgermeister or a municipal treasurer; J. Haselmayr here was almost certainly a local official rather than a professional signatory.
The Heller denomination was already effectively obsolete by 1920, its purchasing power gutted by wartime inflation.