20 Heller Kirchdorf an der Krems

Kirchdorf an der Krems issued these Heller notes as part of the broader Austrian Notgeld wave that swept through municipalities following the economic dislocation of the post-WWI years. Small market towns like Kirchdorf had little practical alternative — the central authorities in Vienna were unable to maintain adequate small-denomination coinage in circulation, forcing hundreds of local governments to print their own emergency scrip under sanction from the state.

The Jaksc/Pick reference JPR0445Ib places this within a distinct sub-series, suggesting multiple issue variants existed for the 20 Heller denomination alone.