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10 Heller Alkoven
| Issuer | Gemeinde Alkoven (Municipality of Alkoven) |
|---|---|
| Year | 1920 |
| Type | Local banknote |
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| Obverse description | Printed in red-brown on cream paper, the obverse carries a vignette of Schaunburg Castle at lower left, rendered in a fine line-art style against a clouded sky. The large numeral '10' occupies the upper left field, integrated with the Fraktur inscription 'Zehn Heller' to its right, surmounted by the issuing authority's title across the top. Below the validity date, a redemption guarantee text in Gothic script closes with the facsimile signature of the Bürgermeister, all within a simple decorative ruled border. |
|---|---|
| Obverse lettering | Gutschein der Gemeinde Alkoven über 10 Zehn Heller Gültig nur bis 31. Juli 1920 Die Gemeinde Alkoven haftet für die Verbindlichkeit, diesen Schein in gesetzlichem Bargeld einzulösen und hat hierfür eine eigene Deckungsrücklage bestellt. Der Bürgermeister: 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.