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20 Heller Michaelnbach

Issuer Gemeinde Michaelnbach (Municipality of Michaelnbach)
Year 1920
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Printer Pressvereins-Druckerei Grieskirchen
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Obverse description Printed in purple-red on cream paper, the obverse carries a central vignette of the Michaelnbach parish church rendered in fine line engraving, with the steeple rising above surrounding rural buildings and trees. The denomination '20' appears in large Gothic numerals at the upper right, beneath which 'Heller' is inscribed in decorative script. To the right, a text block in German Kurrent script states the validity of the Gutschein, followed by a facsimile signature of the Bürgermeister and a counterfeiting warning.
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Reverse lettering Gutschein
Sichregen bringt Segen
der Gemeinde Michaelnbach
In der Zeit der Not ist's ein Gebot
20 Oels
Pressvereins-Druckerei Grieskirchen
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Comments

Michaelnbach is a small rural commune in Upper Austria, and this 20 Heller note is a product of the Notgeld wave that swept Austrian municipalities between 1919 and 1921 — a direct consequence of the coin shortage that followed the collapse of the Habsburg monetary system. Local governments were legally permitted to issue their own emergency small change, and hundreds did, most in runs too small to leave many survivors.

Pressvereins-Druckerei Grieskirchen was a regional Catholic press cooperative, which explains why so many Upper Austrian Notgeld issues from this period share similar typographic conventions despite coming from different communes.

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