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10 Heller Wels

Issuer Stadtgemeinde Wels
Year 1920
Type Local banknote
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Obverse description Log in to see details
Obverse lettering Stadtgemeinde Wels
Dieser Gutschein über
Zehn Heller
wird über Beschluß des Gemeindeausschusses im Sinne der erfolgten Kundmachung von der Stadtgemeinde bis 30. Juni 1920 in gesetzlichem Bargelde eingelöst.
Der Bürgermeister:
Carl Richter
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Reverse lettering Stadtgemeinde Wels
10 zehn Heller
Ledererturm
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Comments

Wels issued its own emergency small change — Notgeld — during the postwar currency chaos that left Austria effectively without reliable low-denomination coinage. Municipal and local authorities across the country filled the gap themselves, and Wels was among hundreds of Austrian towns to do so. The 1920 dating places this note in the second, more bureaucratically organized wave of Austrian Notgeld rather than the improvised wartime issues.

Carl Richter's signature as municipal authority is the primary authentication device on this series. Local printing kept costs low but also means paper quality and impression consistency vary considerably across surviving examples.

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