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50 Heller Aschbach

Issuer Marktgemeinde Aschbach (Market Town of Aschbach)
Year 1920
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In circulation to 31 December 1920
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Obverse description The obverse is printed in dark red on cream paper and enclosed within a diamond-pattern guilloche border. The denomination numeral '50' appears at the upper left, with the issuer title 'Gutschein der Marktgemeinde Aschbach' and the large Gothic-script legend 'Fünfzig Heller' dominating the centre. Two local architectural vignettes flank the central text — a church tower at lower left and a domed church with surrounding buildings at upper right — while the municipal coat of arms (bearing a fish) appears at lower right, accompanied by printed facsimile signatures of the Vizebürgermeister, the Bürgermeister, and a Gemeinderat.
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Reverse description The reverse is printed in dark brown on cream paper with a light blue geometric underprint, framed by an ornate border of interlocking square and dot motifs. The denomination '50' appears in large numerals at both upper corners, with the heading 'Fünfzig Heller' in Gothic script across the top. The central field carries a full block of Gothic-script text setting out the legal basis for the issue — the town council resolution of 8 April 1920 authorising the emission of Notgeld in denominations of 10, 20, and 50 Heller, confirming the notes bear no interest and will be redeemed in lawful currency by 31 December 1920, with a warning that counterfeiting will be prosecuted. The printer's imprint 'Druck von F. Kielar, Amstetten' appears in a cartouche at the foot.
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Comments

Austrian Notgeld at its most local. Aschbach is a small market town in Lower Austria, and like hundreds of comparable municipalities, it issued emergency small change during the postwar currency chaos of 1919–1920, when coin virtually disappeared from circulation. The printer, F. Kielar, was a commercial firm in the nearby district capital of Amstetten — a practical choice rather than an artistic one.

These hyperlocal issues were typically printed in short runs, redeemed quickly, and discarded. Survival rates vary enormously by town, and Aschbach issues attract more collector interest than their modest origins might suggest.

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