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20 Heller

Issuer Ortschaft Aich (Upper Austria)
Year 1920
Type Standard circulation banknote
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Obverse description Letterpress emergency note printed in yellow and red, framed by a decorative floral border in red enclosing a central yellow field. A woodcut-style vignette in the underprint depicts a farmer ploughing a field with an ox. The large denomination numeral '20' is printed in red at centre, flanked on each side by the word 'Heller', with the issuing authority named below in Gothic script.
Obverse lettering Gültig bis 31. Oktober 1920. — Nachahmung wird bestraft!
Heller 20 Heller
Gutschein
der Ortschaft Aich, O.-Öst.
Die Ortschaft haftet für diese Verbindlichkeit mit ihrem gesamten Vermögen.
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Comments

Aich is a small locality in Upper Austria, and like hundreds of similarly sized municipalities, it issued its own emergency small change notes — Notgeld — during the severe coin shortage that followed Austria's defeat in the First World War. The 20 Heller denomination places this squarely in the lower tier of the Notgeld issues, intended purely to substitute for coins in everyday transactions at a time when metal coinage had effectively vanished from circulation.

These municipal issues were self-administered, locally printed, and technically redeemable at the issuing commune — though the redemption mechanism was often informal at best.

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