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50 Heller Aigen

Issuer Marktgemeinde Aigen (Market Town of Aigen, Upper Austria)
Year 1920
Type Local banknote
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Reverse description Brown-toned reverse with a large central arch vignette showing a view of Aigen's characteristic Romanesque church tower and surrounding market buildings set against a hillside landscape, executed in a fine line-art style. The four corners each carry a rectangular cartouche inscribed 'Fünfzig Heller' in Gothic script, while the denomination numeral '50' enclosed in a wreath appears at the left and right centres, all set against a finely ruled linear underprint background.
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Protection type Watermark
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Comments

Aigen's 50 Heller notgeld belongs to the vast wave of municipal emergency currency that flooded Austria between 1919 and 1921, when the successor state to the Habsburg empire struggled to maintain adequate coinage in circulation. Small market towns like Aigen — a community in the Böhmerwald region of Upper Austria — were authorized to issue their own scrip to fill that gap, resulting in thousands of distinct local issues across the country.

The watermarked paper is notable for a notgeld of this type; many comparable municipal issues were printed on whatever stock was available, making any security feature a deliberate choice rather than routine practice.

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