Gunskirchen is a small market town in Upper Austria, and this 20 Heller note is a product of the Notgeld wave that swept Austrian municipalities after the First World War — a direct consequence of small-denomination coinage vanishing from circulation as metal was diverted to the war effort and postwar hoarding took hold. Municipalities, businesses, and local institutions printed their own emergency scrip simply to make change possible.
The Jaksc/Pick reference places this firmly in the documented Upper Austrian municipal issues, though surviving examples from small communities like Gunskirchen are less frequently encountered than those from larger towns with higher print runs.
Gunskirchen is a small market town in Upper Austria, and this 20 Heller note is a product of the Notgeld wave that swept Austrian municipalities after the First World War — a direct consequence of small-denomination coinage vanishing from circulation as metal was diverted to the war effort and postwar hoarding took hold. Municipalities, businesses, and local institutions printed their own emergency scrip simply to make change possible.
The Jaksc/Pick reference places this firmly in the documented Upper Austrian municipal issues, though surviving examples from small communities like Gunskirchen are less frequently encountered than those from larger towns with higher print runs.