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10 Heller Unter-Loiben

Issuer Gemeinde Unter-Loiben (Municipality of Unter-Loiben)
Year 1920
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Value 10 Hellers (0.10)
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Obverse description Olive-green Notgeld note with an elaborate scrollwork underprint covering the entire field. A central vignette presents a panoramic view of Unter-Loiben in der Wachau, with a church steeple and village rooftops rendered in fine line engraving. Two decorative ribbon banners frame the scene: the upper banner carries the legend "Notgeld" in Gothic script, and the lower, wider banner bears the place name "Unter-Loiben in der Wachau"; at the foot of the composition, a heraldic shield encloses the denomination numeral "10". The designer's name "OTTO LUMBE" is lettered in the lower right margin.
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Reverse description Olive-green reverse with a wavy-line guilloche underprint. A scroll-form banner across the top carries the denomination "10 Heller 10" in Gothic lettering flanked by the numeral "10" on each side. The central text block, in Gothic script, states the municipal guarantee clause: "Die Gemeinde Unter-Loiben haftet für diese Verbindlichkeit mit ihrem beweglichen und unbeweglichen Vermögen", followed by the place and date "Loiben, am 2. Mai 1920" and a small floral vignette. Three signature lines are arranged below, identifying the Vizebürgermeister, the Bürgermeister, and the Gemeinderat. The validity legend "Gültig bis 30. November 1920" appears in Gothic script along the lower edge.
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Unter-Loiben is a small wine-producing village on the Danube in Lower Austria, and this 10 Heller note is a product of the acute small-change famine that gripped Austria in the years immediately following the collapse of the Habsburg Empire. With metal coinage largely hoarded or melted, hundreds of Austrian municipalities issued their own Notgeld between roughly 1919 and 1921 — legal under emergency provisions but redeemable only locally.

Otto Lumbe designed several of these municipal issues in the Wachau region. The commune of Unter-Loiben later merged with Oberloiben and Dürnstein.

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