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20 Heller

Issuer Marktgemeinde Laimbach (Market Town of Laimbach)
Year 1920
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Currency Krone (1918-1921)
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Obverse description Plain unprinted face of this Austrian Notgeld emergency issue, presented on coarse off-white paper stock with a visible horizontal fold line near the upper edge and a lightly ruled border framing the otherwise blank field.
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Reverse description Reverse face of this local Austrian emergency currency note, printed on plain off-white paper of coarse texture consistent with wartime and post-war Notgeld issues, with no visible vignette or decorative underprint discernible from the image.
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Comments

Laimbach am Ostrong is a small market town in Lower Austria, and like hundreds of similar municipalities, it issued emergency paper money — Notgeld — during the acute coin shortage that followed Austria's defeat in the First World War. The central government simply could not supply enough small-denomination coinage to keep local commerce moving, so towns printed their own. This 20 Heller note is one product of that chaotic but remarkably well-documented episode of municipal self-sufficiency.

The JPR reference places it within Jaksch's Austrian Notgeld catalogue, the standard tool for attribution of these issues. Laimbach's series is modest compared to the elaborate artistic Notgeld produced by larger towns competing for collector attention by 1920.

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