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5 Heller Gmunden
| Issuer | Stadtgemeinde Gmunden (Municipality of Gmunden) |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | 5 Hellers (0.05) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein der Stadt Gmunden. 5 Heller Gmunden, 3. Jänner 1920. Der Bürgermeister: |
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| Reverse lettering | Gutschein der Stadt Gmunden. 5 HELLER 5 (FÜNF) Zur Behehung der herrschenden Hartgeldnot gibt die Stadtgemeinde Gmunden auf Grund des Gemeindevorstandsbeschlusses v. 3. Jänner 1920 Gutscheine zu 5 Heller bis zu einem Gesamtbetrag von 5000 K aus u. hinterlegt diesen Betrag als Deckung. Diese Gutscheine werden bis auf öffentl. kundgemachten Widerruf bei d. städt. Zentralkassa in ges. Bargeld eingelöst. Nachahmung wird bestraft. |
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| Comments |
Gmunden's 5 Heller notgeld belongs to the vast wave of Austrian municipal emergency currency issued in the immediate postwar years, when chronic coin shortages left local governments no choice but to print their own small-denomination scrip. Stadtgemeinde Gmunden, a lakeside market town in Upper Austria, was one of hundreds of municipalities that turned to local printers for solutions the Vienna government couldn't provide.
The 1920 date places this squarely in the second phase of Austrian notgeld production, after the initial wartime improvisations but before hyperinflation rendered small denominations meaningless within two years.