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10 Heller Zell bei Zellhof

Issuer Marktgemeinde Zell bei Zellhof
Year 1920
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Size 81 × 59 mm
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Reverse lettering GUTSCHEIN ÜBER ZEHN HELLER
MARKTGEMEINDE ZELL B. ZELLHOF.
10
10
Giltig bis 31. Dezember, 1920
Signature(s) Johann Fröhlich and Josef Horner and Rudolf Baingburner
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Comments

Zell bei Zellhof is a small market commune in Upper Austria, and this 10 Heller note is a product of the Austrian Notgeld wave of 1920 — the second, more inflationary phase, when municipal authorities across the country issued their own emergency scrip because small coin had effectively vanished from circulation. Thousands of communes did the same, but the sheer number of individual signatories here — three named officials, Fröhlich, Horner, and Baingburner — is unusual for a note of this denomination and suggests the local administration took the authorization seriously.

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