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40 Heller Peuerbach

Issuer Gemeinde Peuerbach (Municipality of Peuerbach, Upper Austria)
Year 1920
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Currency Krone (1918-1921)
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Obverse lettering 40 Heller / Notgeld der Gemeinde Peuerbach / Die Gemeinde Peuerbach hastet für diese Verbindlichkeit mit ihrem ganzen beweglichen und unbeweglichen Vermögen. / Peuerbach, am 2. März 1920. / Der Bürgermeister: Josef Neuberger
Reverse description The reverse is printed in brown and blue on plain cream paper. A large numeral "40" in brown dominates the centre field, overlaid by a blue Gothic-script text panel carrying the redemption guarantee. The word "Vierzig" appears in blue Gothic lettering at the top, and "Heller" at the bottom, both set against a uniform brown guilloche border pattern framing the entire note.
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Comments

A Notgeld issue from the small Upper Austrian market town of Peuerbach, produced during the period when chronic coin shortages forced hundreds of Austrian municipalities to print their own emergency fractional currency. By 1920 the phenomenon was well past its practical peak — most coin circulation had stabilized — and many issues of that year were frankly produced with collectors in mind rather than local trade. Whether Peuerbach's issue saw genuine till use or was printed primarily for the philatelic market is an open question, but the collector-oriented Notgeld boom of 1920–1921 makes the latter plausible.

The designer credit to H. Boldsmeier is unusual; most small Gemeinde issues went to generic print houses without named artists.

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