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| Issuer | Gemeinde Pischelsdorf (Municipality of Pischelsdorf, Upper Austria) |
|---|---|
| Year | 1920 |
| Type | Local banknote |
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|---|---|
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| Reverse description | Olive-green letterpress panoramic vignette of the village of Pischelsdorf with church steeple, rooftops, and rolling hills under a billowing cloud sky, set within a decorative border of nested rectangles. The issuer name "Gemeinde Pischelsdorf." is inscribed in script lettering at the top. Below the vignette, a four-line authorization text references the council resolution of 19 July 1920, with the mayor's printed signature. |
| Reverse lettering | Gemeinde Pischelsdorf. Die Gemeinde Pischelsdorf gibt laut Sitzgs.-Beschluß vom 19. Juli 1920 Gutscheine aus und haftet für die Einlösung mit ihrem Vermögen Der Bürgermeister: FRANZ PREISER m. p. AUER • HERAUER |
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| Comments |
Austrian municipal notgeld of this type emerged from a practical breakdown: the postwar coin shortage was severe enough that small villages were legally permitted to issue their own fractional paper. Pischelsdorf's 50 Heller note, signed by Bürgermeister Franz Preiser, is a product of that window — most communes stopped issuing by 1922 when the central government reasserted control over small-denomination currency. Auer & Herauer were a regional printing concern handling numerous such commissions across Upper Austria during this period.
Collector demand for Austrian notgeld has always outpaced supply of the rarer municipal issues, and small Upper Austrian villages produced far lower print runs than the better-documented Styrian and Tyrolean series.