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50 Heller Liebenau
| Issuer | Gemeinde Liebenau (Municipality of Liebenau) |
|---|---|
| Year | 1920 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | 1 May 1921 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein für Fünfzig Heller der Gemeinde Liebenau |
| Reverse description | Printed in blue on cream paper, the reverse is divided into two vertical panels by a dotted border. The narrow left panel carries the boxed denomination '50 Heller' above the bold Gothic legend 'Gutschein der Gemeinde Liebenau O.Ö.' with a small printer's monogram at the foot. The wider right panel presents the full terms of issue in Gothic script, dated 'Liebenau, am 25. April 1920', followed by the printed surnames of the authorising signatories and a statutory counterfeiting warning at the foot. |
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| Comments |
Liebenau 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 to address the chronic small-change shortage that followed the collapse of the Habsburg economy. The Gemeinde assumed direct issuing authority — the Bürgermeister's signature serving as the legal guarantee, however modest, behind the paper.
The Jaksc/Pick reference JPR0521a places this among the documented Upper Austrian municipal issues, but Liebenau's output was small enough that surviving examples turn up infrequently in trade.