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10 Heller Schrems

Issuer Marktgemeinde Schrems (Market Town of Schrems)
Year 1920
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Value 10 Hellers (0.10)
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Obverse description Typeset Notgeld note printed in black on cream paper with a light blue guilloche underprint composed of repeating 'SCHREMS' letterforms and the numeral '3' arranged in a regular grid pattern, bordered by a decorative dashed frame. The large bold denomination numeral '10' occupies the centre, with the word 'Heller' below it in blackletter script, flanked by two text panels: the left stating the liability guarantee of the Marktgemeinde Schrems, the right giving the redemption terms and expiry date of 15 September 1920. The issue date 'Schrems, am 15. März 1920' and three facsimile signatures appear along the lower portion of the note.
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Signature(s) Franz Schuster (Vizebürgermeister), Josef Fichtenbauer (Bürgermeister), and Magnus Bauer (Finanzreferent)
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Schrems is a small market town in Lower Austria's Waldviertel region, and this 10 Heller note belongs to the vast wave of Notgeld issued across Austria between 1919 and 1922, when the post-imperial monetary system was still fragmenting and small coin denominations had effectively vanished from circulation. Municipal authorities at even this level of local government were empowered — and often compelled by sheer practical necessity — to fill the gap themselves.

Three signatories authenticate the note: the Bürgermeister, his deputy, and a finance officer. That level of formal certification on a 10 Heller emergency piece tells you something about how seriously these small communities took their improvised monetary obligations.

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