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10 Heller Losenstein

Issuer Gemeinde Losenstein (Municipality of Losenstein)
Year 1919
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In circulation to 31 December 1920
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Obverse lettering Gutschein der Gemeinde Losenstein.
Gültig bis 31. Dezember 1920.
Zehn Heller
Die Gemeinde Losenstein haftet für die Verbindlichkeit diesen Schein in gesetzlichem Bargelde einzulösen und hat hiefür eine eigene Deckungsrücklage bestellt. Die Nachahmung dieses Scheines wird gesetzlich bestraft.
Der Bürgermeister:
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Reverse lettering 10 10
Die Gemeinde Losenstein gibt Gutscheine bis zu einem Betrage von 8000 Kr. aus. (G.R.B. 29.11.1919).
Diese Gutscheine werden bis 31. Dezember 1920 in gesetzlichem Betrage eingelöst.
Losenstein, am 7. Dez. 1919.
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Comments

Losenstein is a small market town on the Enns River in Upper Austria, and this Heller note is among the hundreds of municipal emergency issues that flooded the Austrian countryside between 1919 and 1921. The collapse of the Habsburg monetary system after 1918 left small communities starved of small change — coins had been hoarded, melted, or simply stopped circulating — forcing individual Gemeinden to print their own fractional scrip as a stopgap.

Jos. Schörkhuber's signature almost certainly identifies the sitting Bürgermeister or a senior municipal official rather than a printer. The Jaksch-Pick reference places this squarely in the Notgeld category, locally redeemable and theoretically temporary.

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