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20 Heller Zweckverband der Gemeinden des G.Bez. Hainfeld
| Issuer | Zweckverband der Gemeinden des G.Bez. Hainfeld |
|---|---|
| Year | 1920 |
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| Value | 20 Hellers (0.20) |
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| Obverse description | Printed in blue on cream paper, the note is framed by a scalloped guilloche border enclosing a rectangular inner frame. To the left, a vignette of Araburg castle ruin is rendered in fine letterpress, labelled 'ARABURG' above. To the right, the denomination '20' appears within an oval cartouche, flanked by the inscriptions 'GUTSCHEIN ÜBER' and 'HELLER'. The lower register carries the liability text, place and date of issue 'HAINFELD MAI 1920', and two manuscript signatures for the Kassier and Vorsitzende. |
|---|---|
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| Reverse description | Log in to see details |
| Reverse lettering | Der Zweckverband der Gemeinden des G: Bez. Hainfeld gibt Gutscheine im Gesamtbetrage von 50.000 Kronen aus, dieselben werden bis 31. Dezember 1920 bei den Gemeindekassen in gesetzlichem Bargelde eingelöst. NACHAHMUNGEN WERDEN GESETZLICH BESTRAFT. |
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| Comments |
Hainfeld's municipal association — a Zweckverband, a cooperative body of several communes acting collectively — resorted to emergency Heller notes in 1920 because the postwar Austrian state simply could not supply enough small-denomination currency to keep local commerce functional. The hyperinflationary spiral that would destroy the krone entirely by 1922 was already making low-value coins disappear from circulation through hoarding and melting. Gutenberg in St. Pölten printed a substantial share of Lower Austrian Notgeld during this period, and the presswork on these small notes is workmanlike rather than ambitious.