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20 Heller Eschenau im Pinzgau

Issuer Gemeinde Eschenau im Pinzgau (Municipality of Eschenau im Pinzgau)
Year 1920
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Currency Krone (1918-1921)
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Obverse description The obverse is printed in blue and olive-green on cream paper, with an ornamental foliate border framing the entire design. A central oval vignette presents a detailed letterpress view of a rural Alpine church and adjacent farmstead set against a cloudy sky, signed by the artist in the lower margin. To the lower left, a circular guilloche medallion carries the denomination numeral '20'. To the right, a rectangular text panel contains the validity clause in Gothic script. The issuer's title 'Gutschein der Gemeinde Eschenau im Pinzgau' runs across the top in large decorative lettering.
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Reverse description The reverse is printed in blue and olive-green on cream paper, with a decorative border of stylized foliage and scrollwork at the corners. The central field contains a diamond-patterned guilloche underprint over which the main text body is set in Gothic script, stating the municipality's resolution of 11 July 1920 authorizing the issue and pledging full municipal assets as guarantee. Three manuscript signatures appear below the text body, corresponding to the Bürgermeister and two Gemeinderäte, followed by the anti-counterfeiting warning at the foot.
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Comments

Austrian Notgeld of this type emerged from the near-total collapse of small-denomination coinage after World War I. The central government simply could not produce enough coins to meet everyday transactional demand, so hundreds of municipalities — including tiny alpine communities like Eschenau im Pinzgau — were left to print their own emergency scrip in 1920. These issues were strictly local: a Heller note from one Gemeinde was often refused outright in the next village.

Eschenau's issue is among the more obscure Pinzgau municipal emissions, with survival in quantity unlikely given the small population base and the redemption drives that followed stabilization.

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