20 Heller Wachau - Mitter Arnsdorf

Spitz an der Donau issued this 20 Heller Notgeld in 1920 as part of Austria's broader emergency currency collapse following the dissolution of the Habsburg empire — the new Austrian state had neither the monetary infrastructure nor the coin supply to function normally, and thousands of municipalities stepped in to fill the gap. The Wachau region produced some of the most visually distinctive of these local issues, a fact not lost on contemporary collectors who drove a secondary market almost from the moment of printing.

The subtitle "Mitter Arnsdorf" identifies the specific locality within the Spitz administrative area. Jaksc 1122 is among the more commonly referenced Wachau pieces, though complete series sets remain harder to assemble than individual notes suggest.