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50 Heller Aschach a. d. Donau
| Issuer | Marktgemeinde Aschach an der Donau (Market Municipality of Aschach an der Donau) |
|---|---|
| Year | 1920 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | 50 Heller Aschach a. d. Donau 1920 Der berühmte Marct Aschach Die Nachmachung wird gesetzlich bestraft Gutschein 50 Heller Der Bürgermeister 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 on the south bank of the Danube in Upper Austria, and this 50 Heller note is a product of the post-WWI Notgeld wave that swept through Austria between roughly 1919 and 1921. The collapse of the Habsburg monetary system left municipal and commercial issuers scrambling to produce small-denomination emergency currency to cover the chronic shortage of coins — the Vienna mint simply could not keep pace with demand during the inflationary chaos following the armistice.
Austrian Notgeld of this period was issued under provincial authorization and had no legal tender status beyond the issuing community's own goodwill.