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20 Heller Pettenbach

Issuer Gemeinde Pettenbach (Municipality of Pettenbach)
Year 1920
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Value 20 Hellers (0.20)
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Obverse lettering Die Gemeinde Pettenbach (Oberösterreich) gibt auf Grund des Sitzungsbeschlusses vom 8. Mai 1920 Gutscheine aus und haftet für die Verbindlichkeit derselben mit ihrem ganzen Vermögen. Diese Gutscheine werden vom 1. bis 31. Dezember 1920 bei der Gemeindekasse Pettenbach eingelöst. Nachahmung wird gesetzlich bestraft. Der Bürgermeister:
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Reverse lettering 20 20
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Pettenbach is a small market town 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 coinage shortage that followed the collapse of the Habsburg monetary system. Municipal governments, unable to obtain small change through official channels, were effectively left to print their own.

The Jaksch-Pick reference places it firmly in the documented Austrian local emergency currency series, though Pettenbach issues are not among the more commonly encountered examples from the region.

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