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20 Heller Gresten
| Issuer | Marktgemeinde Gresten (Market Town of Gresten) |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | 20 Hellers (0.20) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Marktgemeinde Gresten Notgeld Zwanzig Heller Die Marktgemeinde Gresten haftet für die Verbindlichkeit dieses Scheines mit ihrem ganzen Vermögen. Der Bürgermeister: Bürgerm: Stellv: Zahlmeister: |
| Reverse description | Log in to see details |
| Reverse lettering | Marktgemeinde Gresten 20 Heller Nachahmung wird gesetzlich bestraft. Gültig bis 31. Dezember 1920. |
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| Comments |
Gresten is a small market town in Lower Austria, and like hundreds of similar municipalities it issued its own emergency currency — Notgeld — during and after the First World War when small coins disappeared from circulation almost entirely. The Austrian government effectively sanctioned this local stopgap, though the issuing authority was the municipality itself, not any banking institution.
Paper Heller notgeld from minor Austrian market towns survives in widely varying condition. Gresten's issues were printed in small quantities for purely local use and rarely traveled far.