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20 Heller Persenbeug

Issuer Marktgemeinde Persenbeug (Market Town of Persenbeug)
Year 1920
Type Local banknote
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Reverse description Black letterpress on cream paper with a wavy-rule border. The heading 'Gutschein der Marktgemeinde Persenbeug.' is set in large Gothic script at top; below, the denomination 'Zwanzig Heller' flanked by numerals '20' appears in a bold central panel with dotted frame rules. A three-line redemption text states the note will be redeemed by the Marktgemeinde Persenbeug in legal tender between 1–31 December 1920, followed by the facsimile signatures of the Vizebürgermeister at left and the Bürgermeister at right.
Reverse lettering Gutschein der Marktgemeinde Persenbeug.
20 Zwanzig Heller 20
Die Marktgemeinde Persenbeug löst diesen Schein in der Zeit von 1:31. Dezember 1920 in gesetzlichem Bargelde ein.
Der Vizebürgermeister:
Der Bürgermeister:
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Comments

Persenbeug is a small market town on the Danube in Lower Austria, and this 20 Heller note belongs to the vast wave of Austrian municipal Notgeld issued when the postwar collapse of the Habsburg monetary system left small communities unable to source enough coin for daily transactions. The issuing authority here is the town government itself — not a bank, not a chamber of commerce — which is why the signatures are those of the Bürgermeister and Vizebürgermeister rather than any financial official.

Printed by E. Prietzel in Steyr, a firm that supplied Notgeld to numerous Upper and Lower Austrian municipalities during this period. Collector demand for Persenbeug issues has always been modest, keeping prices grounded.

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