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| Issuer | Marktgemeinde Aschach an der Donau (Market Community of Aschach on the Danube) |
|---|---|
| Year | 1920 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 50 Heller Aschach a. d. Donau, 1920 Notgeld Die Nothmachung wird gesetzlich bestraft. Gutschein 50 Heller Der Bürgermeister: Der Berühmte Markt Aschach Anno 1650 Cum Priv. |
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| Reverse lettering | Gutschein der M.-G. Aschach über 50 Heller Die Marktgemeinde Aschach a. D. haftet für diesen Schein durch eine eigene Deckungsrücklage. Dieser Gutschein verliert seine Gültigkeit, wenn er nicht innerhalb vier Wochen nach erfolgter öffentl. Aufforderung bei der Gemeindekasse Aschach eingelöst wird. Der Bürgermeister: Die Vizebürgermeister: |
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| Comments |
Aschach an der Donau is a small market town in Upper Austria, and this 50 Heller note belongs to the vast wave of Notgeld issued by Austrian municipalities between 1919 and 1921 — a direct consequence of the postwar coin shortage that left the new Republic's smallest transactions unfunded. The Austro-Hungarian monetary system had collapsed, the Vienna government could not supply adequate small change, and thousands of local authorities printed their own.
Small-town Upper Austrian Notgeld of this period was typically produced by regional printers on short runs, and survival rates are uneven — many were redeemed and pulped once coin circulation stabilized in the early 1920s.