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50 Heller
| Issuer | Gemeinde Schwallenbach an der Donau (Municipality of Schwallenbach an der Donau, Lower Austria) |
|---|---|
| Year | 1920 |
| Type | Local banknote |
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| Obverse description | Red and green bicolour letterpress note with an ornate floral and foliate wreath vignette at centre enclosing an oval guilloche underprint bearing the large numeral '50' and abbreviation 'h'. The year '1920' appears vertically in both side margins within decorative borders. Inscription 'GUTSCHEIN·D·GEMEINDE' at top and 'SCHWALLENBACH' at base; printer's imprint 'A. GRUNDMANN, WIEN XIII' at lower left. |
|---|---|
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| Reverse lettering | GUTSCHEIN·D·GEMEINDE Gutschein d. Gemeinde Schwallenbach a/d. Donau. Giltig bis 31. Dezember 1920 Die Nachahmung dieses Scheines wird gesetzlich bestraft. No 3436 SCHWALLENBACH Gemeinde-Vorstehung Schwallenbach |
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| Comments |
Schwallenbach is a village of perhaps a few dozen households on the south bank of the Danube in the Wachau, and the fact that it issued its own emergency currency at all says more about the Austrian postwar collapse than about any municipal ambition. The Heller had lost so much real purchasing power by 1920 that even quantities this small required local substitutes — the national supply of small-denomination coin had effectively evaporated through hoarding and metal requisition during the war years.
Printed by A. Grundmann in Vienna, a firm responsible for a significant volume of Lower Austrian Notgeld, and validated by a control stamp applied at the point of issue rather than at the press.