10 Heller Altschwendt

Altschwendt is a small rural municipality in Upper Austria, and this 10 Heller note is a product of the Notgeld emergency — the acute small-coin shortage that gripped Austria in the years immediately following the collapse of the Habsburg monarchy. Thousands of Austrian communes issued their own paper fractional currency between 1919 and 1921, most in very small print runs intended for purely local use. The practical circulation radius of a note like this would have been measured in kilometers.

Bürgermeister Franz Altmann's signature as sole authorizing signatory was typical for village-level issues, where no formal banking apparatus existed to cosign.