Catalog
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| Issuer | Gemeinde Abstetten (Municipality of Abstetten) |
|---|---|
| Year | 1920 |
| Type | Local banknote |
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|---|---|
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| Reverse description | Plain pale pink guilloche underprint with an ornamental dashed border frame. The upper portion carries a four-line verse in blackletter script. Below, the redemption text states validity from 15 to 31 December 1920 at the Gemeindekasse against 50 Heller ö.W., followed by a declaration that the municipality has deposited a cover fund and that counterfeiting is punishable by law. The note is dated Abstetten, Mai 1920, and bears the printed signature of the Bürgermeister. |
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| Signature(s) | J. Brandsteidl |
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| Comments |
Abstetten is a small Lower Austrian village, and like hundreds of similar municipalities it issued Notgeld during the postwar currency crisis when small-denomination coinage effectively vanished from circulation. The 50 Heller denomination was among the most practical for everyday transactions — change for a bread purchase, a tram fare — and the print run of over twelve million is striking for a parish-level issuer, suggesting either external demand from collectors or a regional distribution arrangement beyond the village itself.
Collector-driven Notgeld was a well-documented phenomenon by 1920; many Austrian municipalities printed far beyond local need, selling sets directly to philatelic dealers in Vienna and abroad.