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| 表面の説明 | Printed in red on grey paper, the obverse is divided into two panels within a decorative guilloche border. The left panel carries a letterpress vignette of Pöchlarn's riverside tower and church, signed 'Seliger' at lower right. The right panel bears the large Gothic-script inscription 'Gutschein der Stadtgemeinde Pöchlarn' with a watermark-style '20' underprint, the validity clause 'Nur gültig bis 31. Dezember 1920', and two facsimile manuscript signatures below the titles of Vizebürgermeister and Bürgermeister. Denomination numerals '20' appear in each corner roundel, with 'Zwanzig Heller' running vertically along both lateral margins. |
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| 表面の銘文 | DRITTE AUFLAGE Gutschein der Stadtgemeinde Pöchlarn Nur gültig bis 31. Dezember 1920 Der Vizebürgermeister Der Bürgermeister Zwanzig Heller 20 |
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Pöchlarn is a small town on the Danube in Lower Austria, and like hundreds of Austrian municipalities in the early 1920s, it issued its own Notgeld when the postwar coinage shortage made small-change transactions nearly impossible. These local emergency issues were authorized under the broader collapse of the Habsburg monetary system, with the new Austrian republic unable to supply sufficient fractional currency to keep ordinary commerce moving.
The Seliger/Thonau credit is worth noting — this pairing appears across several Lower Austrian municipal issues of the period, suggesting a regional printing arrangement rather than bespoke production for each town.