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10 Heller Krems

Issuer Stadtgemeinde Krems an der Donau
Year 1920
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Value 10 Hellers (0.10)
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Obverse description Cream paper Notgeld issued by the municipality of Krems an der Donau, with a fine guilloche underprint covering the entire field. A central vignette presents an architectural view of a Gothic tower or gate of Krems, framed by decorative scroll cartouches. Denomination numerals "10" appear in guilloché quatrefoil medallions at left and right, with the issuing title in Gothic blackletter script across the top and three manuscript signatures of municipal officials at the foot, dated 23. Jänner 1920.
Obverse lettering Kassenschein der Stadtgemeinde Krems a.D.
Zehn über Heller
10 10
DIE GEMEINDE KREMS HAFTET FÜR DIESE VERBINDLICHKEIT MIT IHREM GANZEN BEWEGLICHEN UND UNBEWEGLICHEN VERMÖGEN.
KREMS, 23. JÄNNER 1920.
DER VIZE-BÜRGERMEISTER:
DER BÜRGERMEISTER:
DER GESCHÄFTSFÜHRENDE GEMEINDERAT:
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Comments

Krems an der Donau issued these small-denomination Heller notes as part of the broader Austrian Notgeld wave that followed the collapse of the Habsburg monetary system. The municipal issues of 1920 were a direct response to chronic coin shortages — ordinary metal had been systematically consumed by wartime industrial demand, and by 1920 even the smallest transactions were grinding to a halt without fractional currency. Towns issued their own paper simply because no one else would.

The Jaksch/Pick reference JPR0472I places this firmly within the documented Lower Austrian series, though survival rates for 10 Heller denominations are generally lower than the larger values — they circulated hardest and were discarded fastest.

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