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20 Heller Aschach a. d. Donau

Issuer Marktgemeinde Aschach an der Donau
Year 1920
Type Local banknote
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Reverse description The reverse is printed in red-brown on cream paper with a decorative geometric guilloche underprint border framing the text. The heading in large Gothic script reads 'Gutschein der M.-G. Aschach über 20 Heller', followed by a legal disclaimer paragraph in German stating the Marktgemeinde Aschach a.D. guarantees the note through its own reserve fund and that the voucher loses validity if not redeemed at the Gemeindekasse Aschach within four weeks of public notice. Handwritten signatures of the Bürgermeister and two Vizebürgermeister appear below the text, with the denomination '20 Heller' printed lightly as an underprint across the centre.
Reverse lettering Gutschein der M.-G. Aschach
über 20 Heller
Die Marktgemeinde Aschach a. D. haftet für diesen Schein durch eine eigene Deckungsrücklage. Dieser Gutschein verliert seine Gültigkeit, wenn er nicht innerhalb vier Wochen nach erfolgter öffentl. Aufforderung bei der Gemeindekasse Aschach eingelöst wird.
der Bürgermeister
Die Vizebürgermeister
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Aschach an der Donau is a small market town on the upper Danube in Upper Austria, and this 20 Heller note is a product of the acute small-change famine that gripped Austria in the immediate postwar years. With the old imperial coinage hoarded or melted and the new republican state unable to supply adequate fractional currency, hundreds of municipalities across Austria printed their own Notgeld between roughly 1919 and 1921 to keep local commerce moving.

Locally printed Heller notes from small Marktgemeinden like Aschach are among the more ephemeral issues — modest production runs, little reason for anyone to preserve them once redeemable, and no major collector premium to drive survival rates.

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