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50 Heller St. Martin im Innkreis
| Issuer | Gemeinde St. Martin im Innkreis (Municipality of St. Martin im Innkreis) |
|---|---|
| Year | 1920 |
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| Value | Log in to see details |
| Currency | Krone (1918-1921) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Fünfzig Heller Gutschein der Gemeinde St. Martin im Innkreis Laut Gemeindebeschluß vom 9. April 1920 haftet die Gemeinde St. Martin im Innkreis mit ihrem ganzen beweglichen und unbeweglichen Vermögen für diesen Gutschein und löst denselben vier Wochen nach Bekanntgabe bei der Centralbank der deutschen Sparkassen in gesetzl. Bargelde ein Nachahmung wird gesetzlich bestraft Der Bürgermeister Josef Hinterholzer |
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| Reverse lettering | SCHLOSS Gutschein für Fünfzig Heller der Gemeinde St. Martin i. J. Der Bürgermeister: Josef Hinterholzer |
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| Comments |
St. Martin im Innkreis is a small market town in Upper Austria, and this 50 Heller note belongs to the vast wave of Notgeld issued by Austrian municipalities between 1919 and 1921 when a catastrophic coin shortage followed the collapse of the Habsburg monarchy. The new Republic of Austria had neither the metal nor the mint capacity to supply small change, so hundreds of local authorities — parishes, market towns, individual businesses — filled the gap themselves.
Josef Hinterholzer signed as Bürgermeister, giving the note its legal standing under local authority rather than any central banking institution. These pieces had no guaranteed redemption outside the issuing municipality.