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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 | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Reference(s) | Jaksc/Pick#JPR0340a-20 |
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|---|---|
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| Reverse description | Printed in blue on cream paper, the reverse is entirely covered by an intricate guilloche underprint of spirals and rosettes forming a dense decorative border. At centre, an oval cartouche with a fine lace-pattern frame contains the redemption text in German script, stating that vouchers totalling 50,000 Kronen will be redeemed at the municipal treasury by 31 December 1920. Below the oval, a bold anti-counterfeiting warning is typeset in uppercase. |
| 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.