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50 Heller St. Pölten, Firma Franz Pittner

Issuer Firma Franz Pittner, St. Pölten
Year 1920
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Size 103 × 70 mm
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Obverse description Printed in dark red on cream paper stock, the obverse carries a large Fraktur script heading reading 'Gutschein der Firma Franz Pittner, St. Pölten' across the upper portion, followed by the issuer's trade description as hotel, property, and artificial stone factory proprietor. To the left, a detailed architectural vignette within an octagonal frame presents a multi-storey hotel building with a flagpole bearing the 'Pittner' name. To the right, the denomination '50 Heller' appears in bold lettering within a decorative cartouche, below which a text block states the voucher's purpose and redemption date of 30 November 1920, concluded by the manuscript facsimile signature of Franz Pittner.
Obverse lettering Gutschein der Firma Franz Pittner
St. Pölten
Hotel-, Realitäten- und Kunststein-Fabriksbesitzer
50 Heller
Dieser Gutschein wird im Verkehr mit meiner Kundschaft zur Linderung der Kleingeldnot ausgegeben und für den Betrag von 50 Heller bis 30. November 1920 eingelöst. Dieser Gutschein ist unverzinslich.
Franz Pittner
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Comments

Franz Pittner's 50 Heller notgeld belongs to the sprawling Austrian small-change emergency of 1919–1921, when the collapse of the Habsburg currency system left ordinary commerce without usable coin. Municipalities, businesses, and cooperatives across Lower Austria filled the gap themselves. A private firm issuing its own scrip was not eccentric — it was practical. Pittner's note was printed locally by Sommer and signed by Pittner himself, giving it the character of a personal promissory instrument rather than a civic one.

Redemption was theoretically guaranteed by the issuer's commercial standing, which made firm-issued notgeld inherently riskier to hold than town-backed equivalents.

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