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10 Heller Persenbeug

Issuer Marktgemeinde Persenbeug (Market Town of Persenbeug)
Year 1920
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Value 10 Hellers (0.10)
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Obverse description Printed in dark ink on cream paper, the obverse is framed by a decorative border of interlocking scroll and wave ornaments; a central circular vignette carries the municipal arms of Persenbeug — a stylised tower — encircled by the legend 'PERSENBEUG · MARKTGEMEINDE', with bold numeral '10' set within circular cartouches at left and right. The denomination 'Zehn Heller' is rendered in blackletter script across the upper field. An anti-counterfeiting warning legend runs along the lower margin, with the printer's imprint 'E. Frietzel, Steyr' at lower right.
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Reverse description The reverse is printed in dark ink on a warm buff ground enclosed by a wavy ornamental border, with the heading 'Gutschein der Marktgemeinde Persenbeug' in blackletter script across the upper field. The denomination 'Zehn Heller' in large blackletter type is flanked by bold numeral '10' blocks at either side. A three-line redemption text in German specifies that the note is exchangeable in lawful currency between 1 and 31 December 1920, below which appear two facsimile signature lines designating the Vizebürgermeister at left and the Bürgermeister at right.
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Persenbeug is a small market town on the Danube in Lower Austria, and this Heller note is a product of the postwar Notgeld wave that swept through Austrian municipalities between 1919 and 1921. With the old Habsburg monetary system in collapse and small change chronically absent from circulation, local authorities were legally permitted — briefly — to issue their own low-denomination emergency paper. E. Frietzel in Steyr, a regional printer rather than a specialist security firm, handled production for several nearby communities during this period.

Both signatories are identified by municipal office rather than bank title, which tells you exactly what this is: a town hall instrument, not a banking one.

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