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20 Heller
| Issuer | Gemeinde Münzkirchen (Municipality of Münzkirchen, Upper Austria) |
|---|---|
| Year | 1920 |
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| Composition | Log in to see details |
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| In circulation to | 31 December 1920 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 20 Heller Notgeld der Gemeinde Münzkirchen |
| Reverse description | The reverse, printed in violet on cream paper, is enclosed within a double-rule rectangular border and carries the full text of the voucher ordinance in letterpress. The denomination '20 Heller 20' is set in large bold numerals across the upper portion, below the heading line. A paragraph of legal text states the authorisation by municipal council resolution of 25 April 1920, the total issue of up to 20,000 Kronen, the redemption deadline of 31 December 1920, and the municipality's liability backed by its movable and immovable assets. The lower section bears the manuscript signatures of the mayor and municipal councillors, with a printed counterfeiting warning at the foot. |
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| Comments |
Münzkirchen is a small market town in the Innviertel district of Upper Austria, and like hundreds of Austrian municipalities it issued its own Notgeld during the inflationary crisis that followed the collapse of the Habsburg empire. The national mint and banking system were simply unable to produce enough small-denomination coinage to meet everyday demand, so local governments, businesses, and cooperatives filled the gap themselves — legally, if chaotically.
The Jaksch catalog (the standard reference for Austrian municipal Notgeld) lists multiple denominations for Münzkirchen's 1920 issue. These village-level emissions were typically printed in small runs by regional printers and redeemed locally within a fixed period, after which they became void. Most survivors exist because collectors pulled them from circulation before redemption deadlines.