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50 Heller Payerbach

Issuer Gemeinde Payerbach (Municipality of Payerbach)
Year 1920
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Reference(s) Jaksc/Pick#JPR0725a-50.2
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Obverse lettering Kassenschein
der Gemeinde Payerbach
über
Heller 50 Heller
DIE GEMEINDE HAFTET FÜR DIESE VERBINDLICHKEIT MIT IHREM GANZEN VERMÖGEN
der Vizebürgermeister
Der Bürgermeister
der Gemeinderat
Reverse description Plain cream paper reverse printed entirely in brown Fraktur (blackletter) script, with the full legal text of the note set in justified paragraphs. A faint watermark-style municipal seal is visible as an underprint in the centre. The designer and printer credits appear at the lower margin.
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Comments

Payerbach is a small resort town in Lower Austria's Schwarzatal valley, and like hundreds of Austrian municipalities in 1920, it issued its own emergency small change — Notgeld — to compensate for the near-total disappearance of coins from circulation during and after the First World War. The federal government never adequately replaced the coinage, leaving local authorities to fill the gap themselves.

M. Salzer of Vienna was a prolific printer of Austrian Notgeld, and Kurt Libesny designed for several municipal issues in this period. The JPR0725a designation places this within the Jaksch catalogue of Lower Austrian Notgeld, where the -50.2 suffix indicates a recognized variety within the 50 Heller denomination.

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