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20 Heller Liebenau

Issuer Gemeinde Liebenau (Municipality of Liebenau)
Year 1920
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Value 20 Hellers (0.20)
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Reverse description Printed in violet on plain paper, the reverse is framed by a border of small circles and dots. A boxed denomination panel at upper left reads '20 Heller' above 'Gutschein der Gemeinde Liebenau N.-Ö.' in bold Gothic lettering, with a small printer's device below. The main text field to the right carries a multi-paragraph legal declaration in both Upper Austrian dialect and standard German, stating the date of issue (25 April 1920), the total authorised emission of up to 25,000 Kronen in 10, 20 and 50 Heller denominations, the municipality's full liability, and the redemption deadline of 1 May 1921, followed by printed facsimile signatures of the Bürgermeister (Atteneder) and the 1. Vizebürgermeister (Egger), with an anti-counterfeiting warning at the foot.
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Signature(s) Atteneder (Bürgermeister) and Egger (1. Vizebürgermeister)
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Comments

Liebenau is a small market town in Upper Austria, and like hundreds of similarly sized Austrian municipalities in 1920, it issued its own emergency small-change notes — Notgeld — to compensate for the near-total disappearance of low-denomination coinage during and after the First World War. The Heller had effectively ceased to circulate as metal, and the central authorities were in no position to remedy it quickly.

The dual signatures of Bürgermeister Atteneder and First Deputy Mayor Egger reflect the administrative formality these communities applied even to the most modest denominations — a 20 Heller note was worth almost nothing by 1920's inflating standards, yet it still required two officeholders to authenticate it.

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