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10 Heller Altenmarkt im Pongau
| Issuer | Gemeinde Altenmarkt im Pongau (Municipality of Altenmarkt im Pongau) |
|---|---|
| Year | 1920 |
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| Value | 10 Hellers (0.10) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | GEMEINDE ALTENMARKT i. PONGAU 10 |
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| Reverse lettering | DIE GEMEINDE ALTENMARKT GIBT GUTSCHEINE BIS ZU EINEM BETRAGE V. 32 000K AUS UND HAFTET FÜR DIE RICHTIGE EINLÖSUNG DIESER SCHEINE IN GESETZL. BARGELDE MIT EINER EIGENEN DECKUNGSRÜCKLAGE DER BÜRGERMEISTER DIESE GUTSCH. WERDEN BIS 31.XII.20 EINGELÖST NACHAHMUNG WIRD GESETZL. BESTRAFT |
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| Comments |
One of thousands of Austrian municipal Notgeld notes produced in the post-WWI period, when the collapse of the Habsburg monetary system and acute coin shortages forced individual towns and villages to print their own small-denomination emergency money. The Heller had been the lowest subdivision of the Austro-Hungarian Krone, and by 1920 metal coinage in those values had effectively vanished from everyday commerce — shopkeepers simply could not make change.
Altenmarkt im Pongau, a small market town in Salzburg province, issued this 10 Heller note under that pressure. Most Austrian municipal Notgeld of this period was redeemed and destroyed within a year or two of issue, as the Krone itself collapsed into hyperinflation by 1921–1922.