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20 Heller black

Issuer Ortsgemeinde Lausa bei Losenstein
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Reverse description Black letterpress reverse with a central oval text panel enclosed within a laurel and floral wreath border, all set within a rectangular frame of stylised floral and foliate ornaments at the corners. The text panel carries the guarantee and redemption notice in German script, with the facsimile signature of the Bürgermeister below and the monogram "HM" at the foot.
Reverse lettering Die Ortsgemeinde Lausa bei Losenstein haftet mit ihrem gesamten Vermögen diesen Schein in gesetzlichem Bargelde einzulösen. Nachahmung dieses Scheines wird bestraft. Die Einlösung erfolgt im Dezember 1920. Der Bürgermeister:
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Comments

Lausa bei Losenstein is a small commune in Upper Austria, and this Heller note belongs to the wave of emergency municipal currency — Notgeld — that swept Austria during and immediately after the First World War. Central government coin shortages, driven by metal requisitioning and hoarding, forced even minor parishes to print their own fractional paper. Lausa's issue is among the more obscure examples, reflecting just how far down the administrative hierarchy the shortage reached.

The 20 Heller denomination in black printing suggests a minimal-cost production run, likely a local printer rather than a specialist security press.

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