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10 Heller Payerbach

Issuer Gemeinde Payerbach (Municipality of Payerbach)
Year 1920
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Printer M. Salzer, Wien
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Obverse description The obverse is executed in a bold Art Nouveau letterpress style. At the upper portion, a central vignette of a civic building is flanked by large stylized numerals '10' and framed by allegorical figures — a draped female figure to the left and a male figure to the right — all beneath the heading 'KASSENSCHEIN' in bold capitals. Below the vignette, the denomination 'ZEHN HELLER' is printed in large type, with the issuing authority text 'Der Gemeinde Payerbach über' and a liability clause, followed by three signature lines for the Vizebürgermeister, Bürgermeister, and Gemeinderat, with manuscript signatures and a bold numeral '10' in a circle at lower right.
Obverse lettering KASSENSCHEIN
Der Gemeinde Payerbach über
ZEHN HELLER
DIE GEMEINDE HAFTET FÜR DIESE VERBINDLICHKEIT MIT IHREM GANZEN VERMÖGEN
der Vizebürgermeister
der Bürgermeister
der Gemeinderat
10
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Comments

Payerbach is a small Alpine market town in Lower Austria, and like hundreds of Austrian municipalities in the early 1920s, it was forced into issuing its own small-denomination emergency notes — Notgeld — because the postwar coin shortage left everyday transactions essentially impossible. The 10 Heller denomination was specifically aimed at filling the gap left by the disappearance of small bronze coinage.

M. Salzer of Vienna was a prolific printer of Austrian municipal Notgeld during this period, and Kurt Libesny was among the commercial designers who provided artwork to that trade. The Jaksc/Pick reference JPR0725a-10 indicates this is the first listed type for Payerbach at this denomination.

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