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20 Heller Aschbach

Issuer Marktgemeinde Aschbach (Market Town of Aschbach)
Year 1920
Type Local banknote
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Obverse description The left half of the note is occupied by a line-drawn vignette of the Aschbach parish church and surrounding townscape. To the upper right, the municipal coat of arms appears within a cartouche. The denomination numeral '20' is set in large bold type at centre, with 'Zwanzig Heller' below, and the issuing authority text 'Gutschein der Marktgemeinde Aschbach' to the right. At the foot of the note, three signature lines are printed for the Vizebürgermeister, Der Bürgermeister, and Gemeinderat, each with a manuscript signature, all enclosed within a decorative hatched border.
Obverse lettering Gutschein der Marktgemeinde Aschbach
20 Zwanzig Heller
Die Gemeinde haftet für die Verbindlichkeit bis zum 31. Dez. 1920.
Aschbach im April 1920
Vizebürgermeister:
Der Bürgermeister:
Gemeinderat:
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Comments

One of hundreds of Austrian municipal emergency notes — Notgeld — printed during the postwar economic collapse that followed the dissolution of the Habsburg empire. When the new Austrian republic struggled to maintain coin circulation in 1920, local authorities were legally permitted to issue low-denomination paper substitutes, and small market towns like Aschbach contracted regional printers to fulfill the obligation. F. Kielar was a commercial printer in nearby Amstetten, not a specialist security printer, which shows in the modest production quality typical of these provincial commissions.

Aschbach Notgeld has no particular rarity attached to it — most of these municipal issues were redeemed and destroyed within months, but collector demand kept enough examples alive that surviving pieces are common in Austrian specialist auctions.

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