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50 Heller Eschenau

Issuer Gemeinde Eschenau (Municipality of Eschenau, Lower Austria)
Year 1921
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Currency Krone (1918-1921)
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Reverse lettering Die Gemeinde Eschenau gibt auf Grund des Gemeinderatsbeschlusses v. 30. Mai 1920 Notgeld im Gesamtbetrage von 30.000 K aus und haftet für die Einlösung mit ihrem ganzen Aktivvermögen. Die Gutscheine werden in der Zeit vom 1. bis 31. März 1921 in gesetzl. Bargelde eingelöst. Nachahmung wird gesetzl. bestraft. Der Bürgermeister: Michl Ecketsberger. Der Baum mit dem Marienbilde, Von dem die Überlieferung spricht: "Das Blut floß aus der Sägewunde, Man läßt ihn steh'n, man fällt ihn nicht." Sandberger.
Signature(s) Michl Ecketsberger
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Eschenau is a small rural municipality in the Pielach valley of Lower Austria, and this 50 Heller note is a product of the notgeld crisis that swept Austrian communities in the early 1920s — when chronic coin shortages and postwar monetary chaos forced even minor villages to print their own emergency small change. The Gemeinde issued these on local authority alone, with Bürgermeister Michl Ecketsberger's signature carrying whatever guarantee the municipality could offer.

By 1922, federal currency reform had rendered most Austrian local notgeld obsolete, and redemption was inconsistent at best in communities this size.

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