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50 Heller Raab
| Issuer | Marktgemeinde Raab (Market Municipality of Raab) |
|---|---|
| Year | 1920 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | GEMEINDE RAAB 50 HELLER |
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| Reverse lettering | Gutschein der Marktgemeinde Raab Oberösterreich. Die Marktgemeinde Raab, O.-Ö., verpflichtet sich laut Gemeinderatsbeschluß vom 26. Februar 1920, diesen Schein in gesetzlichem Bargelde durch die Sparkasse Raab einzulösen. Der Gutschein verliert seine Giltigkeit einen Monat nach veröffentlichter Bekanntgabe. Der Bürgermeister: Matthias Wohlmacher. Druck: Lanz, Eferding. |
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| Comments |
Raab is a small market town in Upper Austria, and like hundreds of similar municipalities in the early 1920s, it issued its own Notgeld to compensate for the near-total disappearance of small-denomination coinage from circulation — a direct consequence of wartime metal hoarding and the economic collapse following Austria-Hungary's dissolution. These local emergency issues were printed by whatever regional press was available; Lanz in nearby Eferding was the practical choice for several Upper Austrian communities.
Matthias Wohlmacher signed as the responsible municipal official, a detail that grounds this firmly as a civil administrative instrument rather than a banking one. Raab's issues are seldom encountered outside regional collections.