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20 Heller Hainburg

Issuer Stadtgemeinde Hainburg an der Donau
Year 1920
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Composition Paper
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Obverse lettering Kassenschein der Stadt Hainburg über Heller
Stadtrat
Vizebürgermeister
2. Auflage
Reverse description Plain off-white reverse carrying a fully typeset text panel within a simple ruled border, headed by a large decorative initial 'K' and the title 'KASSENSCHEIN DER STADTGEMEINDE HAINBURG ÜBER 40 HELLER'. The body text sets out the legal terms of issue in German, stating that the notes are issued to alleviate the small-change shortage up to a total of 90,000 Kronen, that they bear no interest, are accepted in payment by the Gemeinde Hainburg until 31 December, and are redeemable in cash between 1 and 31 December 1920, concluding with a warning that counterfeiting is punishable by law.
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Comments

Hainburg an der Donau was one of hundreds of Austrian municipalities that issued emergency small-change notes — Notgeld — after the collapse of the Habsburg monetary system left the country without adequate coin supply. The 20 Heller denomination was among the most practical for everyday transactions, and Hainburg's 1920 issue falls into the later wave of municipal Notgeld, by which point the practice had become almost routine across Lower Austria.

The print run of over twelve million is unusually high for a town of Hainburg's modest size, suggesting these circulated well beyond the immediate locality or were printed speculatively for the collector market, which by 1920 had begun distorting Notgeld production figures across the region.

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