20 Heller

Aisthofen is a small village in Upper Austria, and this note is a product of the Notgeld wave that swept through Austria in 1920, when the postwar currency collapse left small communities without enough small-denomination coins for daily commerce. Communes issued their own emergency scrip by the thousands — Aisthofen among them — typically in runs small enough to be redeemed locally within months.

The Bürgermeister's signature, Schützenhofer, is the only individual accountability attached to this piece of municipal credit.