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20 Heller Raipoltenbach

Issuer Gemeinde Raipoltenbach (Municipality of Raipoltenbach)
Year 1920
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Value 20 Hellers (0.20)
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Obverse description Single-sided letterpress note printed in dark red on cream paper stock, framed by a typeset border of repeating open circles. The issuer's name 'Gemeinde Raipoltenbach.' is set in Roman type at the top between flanking dashes, with two horizontal rules enclosing the large Gothic-script denomination legend '20 h-Gutschein'; the validity clause 'Gültig bis 31. Dezember 1920.' is centred below. Two printed signature lines at the foot identify the Vizebürgermeister Max Neumann and the Bürgermeister Franz Schabschneider.
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Signature(s) Max Neumann and Franz Schabschneider
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Comments

Raipoltenbach is a small rural municipality in Lower Austria, and this 20 Heller note is a product of the Notgeld wave that swept Austrian communes between 1919 and 1922 — a direct consequence of the currency chaos following the dissolution of the Habsburg empire and the acute shortage of small-denomination coinage. Thousands of Austrian municipalities issued their own emergency scrip during this period, most in tiny print runs intended for purely local use.

The two signatories, Max Neumann and Franz Schabschneider, were almost certainly local municipal officials rather than banking personnel. Notes from villages this size rarely appear on the market in quantity.

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