Catalog
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| Issuer | Gemeinde Rabenstein (Municipality of Rabenstein) |
|---|---|
| Year | 1920 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse, printed on the same red paper stock, bears a block of legal text in Gothic (Fraktur) script arranged in a vertically oriented oval composition. A handwritten-style serial number designation appears in the upper right corner. The text sets out the redemption conditions and validity terms of the Notgeld issue. |
| Reverse lettering | Nr. Co. 3 Zur Einlösung bei der Gemeindeverwaltung Gemeinde Rabenstein, die laufenden Noten Die Gemeinde Rabenstein übernimmt die Notgeld im October 1920 in österreichische ber 1920 in österreichische Banknoten Gemeindeverwaltung Rabenstein |
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| Comments |
Austrian municipal notgeld of this type emerged from a straightforward practical problem: the postwar coin shortage was severe enough that small transactions became genuinely difficult, and the central government was in no position to remedy it quickly. Hundreds of communes issued their own emergency fractional notes between 1919 and 1922, Rabenstein among them. The Heller denominations were the workhorses of this system — low enough in face value that they circulated hard and wore out fast.
Coloured paper was a deliberate anti-counterfeiting choice at a denomination where engraved printing would have cost more than the note was worth.