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| Issuer | Gemeinde Holzhausen (Municipality of Holzhausen) |
|---|---|
| Year | 1920 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | 10 zehn Heller 10 Die Gemeinde Holzhausen löst diesen Gutschein bis 30. September 1920 in gesetzlichem Bargeld ein. Der Bürgermeister |
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| Reverse lettering | Zweite Auflage |
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| Comments |
One of thousands of Kleingeldersatz notes — emergency small-change substitutes — issued by Austrian municipalities during the postwar currency chaos of 1919–1921. The central government's inability to maintain an adequate supply of circulating coin pushed the burden onto local authorities, and villages like Holzhausen printed their own fractional paper to keep daily commerce moving. These municipal issues were technically illegal under Austrian law but tolerated out of necessity.
The Jaksch-Pick reference places this firmly within the documented Austrian notgeld corpus, though Holzhausen examples turn up infrequently.