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50 Heller Payerbach
| Issuer | Gemeinde Payerbach (Municipality of Payerbach) |
|---|---|
| Year | 1920 |
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| Shape | Rectangular |
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| Obverse description | Brown and blue bicolour Kassenschein with a central alpine landscape vignette set against a pale blue mountain panorama. To the left, a seated female allegorical figure in peasant dress holds a sheaf of wheat, with the denomination numeral '50' in a wreath at upper left; to the right, a cherub-like figure with alpine implements flanks the scene. A ribbon scroll inscribed 'der Gemeinde Payerbach über' spans the centre, above the large denomination legend 'Heller 50 Heller' in bold letterpress, with a three-line municipal guarantee text and three manuscript signature blocks below. |
|---|---|
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| Reverse lettering | Kassenschein der Gemeinde Payerbach N. Ö. über 50 Heller. Diese Kassenscheine sind unverzinslich, werden von der Gemeinde Payerbach N. Ö. bis 31. Dezember 1920 in Zahlung genommen und in der Zeit vom 15. bis 31. Dezember 1920 in gesetzlichem Bargelde eingelöst. Die Nachahmung dieses Kassenscheines wird gesetzlich bestraft. Entwurf: Kurt Libesny. M. Salzer in Wien. |
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| Comments |
Payerbach is a small market town in Lower Austria's Rax-Schneeberg region, and like hundreds of Austrian municipalities in the immediate postwar years, it issued its own emergency currency — Notgeld — to address the catastrophic coin shortage that followed the collapse of the Habsburg economy. These municipal issues were legal within a narrow window of tolerance granted by the Austrian government, and most were redeemed and destroyed within a few years, making intact survivors more common among collectors than in archives.
M. Salzer of Vienna was a prolific Notgeld printer, handling commissions from municipalities across Lower Austria. Kurt Libesny, credited as designer, was active in Viennese commercial graphics during this period.