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30 Heller Oeblarn

Issuer Gemeinde Oeblarn im Ennstale (Municipality of Oeblarn)
Year 1920
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Composition Paper
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Obverse lettering GEMEINDE OEBLARN
IM ENNSTALE
30
HELLER
Reverse description The reverse bears a plain scalloped black border enclosing a full-text authorization statement in German, set in justified letterpress, recording the municipal council resolution of 8 July 1920 authorizing the issue of Notgeld to the value of K 40,000 and pledging the municipality's movable and immovable assets as security until 31 October 1920. Below the text the place and date 'Oeblarn, am 21. Juli 1920' are printed, followed by two manuscript signatures over the printed role designations 'Kassier:' and 'Bürgermeister:'.
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Comments

Oeblarn is a small market village in the Enns valley of Styria, and this 30 Heller notgeld dates from the acute small-change crisis that gripped Austria in the years immediately following the collapse of the Habsburg empire. With coin hoarding rampant and the new republican government struggling to stabilize the krone, hundreds of Austrian municipalities issued their own emergency paper — Oeblarn among them. These village-level issues were produced in tiny quantities, distributed locally, and rarely traveled far.

The Jaksch catalog documents this as part of a small Oeblarn series, and survivorship is thin precisely because most notgeld of this type was redeemed and pulped once the monetary situation stabilized in the early 1920s.

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