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20 Heller
| Issuer | Gemeinde Pierbach (Municipality of Pierbach, Upper Austria) |
|---|---|
| Year | 1920 |
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| Currency | Krone (1918-1921) |
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| Obverse description | Blue letterpress Notgeld on buff paper in Jugendstil style. The legend ZWANZIG HELLER and GEMEINDE PIERBACH appear in decorative Art Nouveau lettering across the upper portion, flanked by hatched diagonal shields bearing the numeral 20. The central text block states the municipality's redemption obligation, signed by the Bürgermeister, with floral branch vignettes bordering both sides. |
|---|---|
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| Reverse lettering | NOTGELD V. PIERBACH 20 HELLER RUITENSTEIN |
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| Comments |
Pierbach is a small rural commune in the Mühlviertel district of Upper Austria, and this 20 Heller Notgeld is a product of the acute coin shortage that gripped Austria in the immediate postwar years. With the Habsburg monetary system in collapse and the new Republic struggling to establish itself, hundreds of Austrian municipalities printed their own small-denomination emergency notes between 1919 and 1921 to substitute for the hoarded or simply absent small coinage.
The Jaksch catalogue number places this firmly within the documented Upper Austrian Notgeld issues. Pierbach's series is not among the rarer municipal printings, but genuine circulated examples from tiny Mühlviertel communes see less collector traffic than the more aggressively marketed tourist-oriented Notgeld from larger towns.