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| 正面铭文 | 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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| 背面铭文 | Stadtgemeinde Wels 10 zehn Heller Ledererturm |
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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.