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25 Heller

Issuer Marktgemeinde Aigen (Market Town of Aigen, Upper Austria)
Year 1920
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Value 25 Hellers (0.25)
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Reverse description The reverse is plain unprinted tan cardboard, showing only the ghost impression of the obverse print through the thin stock and the vertical perforated separation line running near the left edge, with no additional design elements or text.
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Signature(s) Fr. Pfleger
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Comments

Aigen im Mühlkreis was one of hundreds of Austrian municipalities forced into emergency currency production following the economic collapse of the immediate post-war period. The central government could not supply sufficient small-denomination coinage, and Gemeinden across Upper Austria filled the gap with locally authorized Notgeld — cardboard tokens carrying municipal signatures and, in this case, a simple perforation as the sole anti-counterfeiting measure. The practical logic was sound: forging a 25-Heller note in a village of a few thousand people offered no meaningful return.

The Jaksc catalogue places this squarely within the 1920 Upper Austrian municipal series. Fr. Pfleger's signature as authorizing official is the only named accountability on the piece.

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