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50 Heller Schwarzenau
| Issuer | Gemeinde Schwarzenau (Municipality of Schwarzenau) |
|---|---|
| Year | 1920 |
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| Shape | Rectangular |
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|---|---|
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| Reverse description | The reverse, printed in dark blue on the same pink paper stock, is enclosed within a decorative rectangular border with ornamental corner flourishes. The entire field is occupied by a legal guarantee text in Gothic blackletter script attesting that the Municipality of Schwarzenau pledges all its movable and immovable assets as security for this obligation, dated 1 June 1920, followed by a statutory counterfeiting warning. |
| Reverse lettering | Die Gemeinde Schwarzenau haftet für diese Verbindlichkeit mit ihrem ganzen beweglichen und unbeweglichen Vermögen. / Schwarzenau, am 1. Juni 1920. ...→ Die Nachahmung dieses ←... Scheines wird gesetzlich bestraft. |
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| Comments |
Schwarzenau is a small market town in Lower Austria's Waldviertel region, and this note is a product of the notgeld wave that swept Austrian municipalities after the economic collapse following the First World War. The central government could not supply sufficient small change, so thousands of local authorities — from city councils to market communes like Schwarzenau — printed their own emergency fractional currency. Three signatures were required for issue: the financial officer and both the mayor and vice-mayor, a formality that gave the scrip at least the appearance of institutional weight.
The Waldviertel notgeld issues are among the least-studied of the Austrian series, and municipal records from many of these villages are incomplete.