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20 Heller Grödig - Eisenwerk
| Issuer | Eisenwerk Grödig (Iron Works, Grödig) |
|---|---|
| Year | |
| Type | Local banknote |
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| Obverse description | Plain pinkish-red paper note of simple typeset design, with a narrow repetitive border pattern running along the top and bottom edges. The denomination '20 h' is printed in large bold letterpress type at centre, flanked above by the legend 'Wertmarke' and below by the issuer inscription 'Eisenwerk / Grödig' in two lines. |
|---|---|
| Obverse lettering | Wertmarke 20 h Eisenwerk Grödig |
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| Comments |
Grödig's Eisenwerk was one of hundreds of Austrian industrial firms that issued their own small-denomination Notgeld during the currency shortages of 1920–1921, when the postwar collapse of the krone made official coinage effectively disappear from everyday commerce. Factory-issued scrip at this level was purely functional — workers needed change, and the state couldn't provide it.
The Jaksch reference places this squarely within the Austrian industrial emergency coinage corpus. Paper Heller notes from small works like this one typically circulated only within the factory gate and the immediate local economy, redeemable at the company office.