20 Heller Ruppersthal

Ruppersthal is a small wine-growing village in Lower Austria's Weinviertel, and like hundreds of similarly sized municipalities, it issued Notgeld in 1920 to address the acute small-change shortage that plagued postwar Austria as the new republic struggled to establish a functioning monetary system. The Gesellschaft für Graphische Industrie was a well-established Viennese commercial printer responsible for a considerable volume of Austrian municipal Notgeld during this period — not a specialist security printer, which shows in the relatively modest production quality typical of these village issues.

At 20 Heller, this sits at the lower end of the Ruppersthal denomination range.