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20 Heller Hallstatt
| Issuer | Marktgemeinde Hallstatt (Market Town of Hallstatt) |
|---|---|
| Year | 1920 |
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| Reference(s) | Jaksc/Pick#JPR0345-20 |
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|---|---|
| Obverse lettering | Gutschein 20 Zwanzig Heller der Markt-Gemeinde Hallstatt Die Marktgemeinde Hallstatt haftet für die Verbindlichkeit, diesen Schein in gesetzlichem Bargeld einzulösen und hat hierfür eine eigene Deckungsrücklage bestellt. Der Bürgermeister: Die Gemeinderäte: Giltig bis 31. Dezember 1920 1920 Nachahmung dieses Scheines wird gesetzlich bestraft |
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| Reverse lettering | Gutschein der Marktgemeinde Hallstatt Giltig bis 31. Dezember 1920 20 Zwanzig Heller Die Marktgemeinde Hallstatt gibt Gutscheine bis zum Gesamtbetrage von 50000 K. aus (G.U.Bn. 1. IV. 20). Diese Gutsch. werden bis 31. Dez. 1920 bei der Gemeindekasse in gesetzl. Gelde eingelöst. |
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| Comments |
Hallstatt's 20 Heller notgeld belongs to the wave of Austrian municipal emergency currency issued after the First World War, when the chronic coin shortage left market towns effectively unable to make change. The Marktgemeinde issued these notes on its own authority — a right extended to municipalities under postwar Austrian financial necessity rather than any formal banking charter.
Hallstatt itself is one of the smallest communities ever to have issued notgeld, a village of a few hundred inhabitants clinging to a lakeside cliff in the Salzkammergut. That a settlement this size ran its own paper currency, however briefly, says something concrete about the depth of the 1919–1921 small-coin crisis.