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50 Heller Steyregg

Issuer Stadtgemeinde Steyregg
Year 1920
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Shape Rectangular
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Obverse lettering Stadtgemeinde Steyregg
50
Gut-Schein
über
Fünfzig Heller
Die Stadtgemeinde Steyregg haftet für die Verbindlichkeit der Einlösung
Vizebürgermeister: J. Hanl
Bürgermeister: J. Lehermeyer
R. Pichler i.a.
Reverse description Printed in olive-grey on cream paper, the reverse is framed by an ornate guilloche border with foliate scroll motifs at the corners. A large underprint vignette of the numeral '50' in stylised outline dominates the centre of the field. At the top, four lines of Gothic text present a verse from Goethe's 'Wilhelm Meister' beginning 'Wer nie sein Brot mit Tränen aß.' Below, a block of smaller Gothic letterpress text records the municipal council resolution of 6 April 1920, stating the total issue of 56,000 Kronen and confirming the redemption period from 1 December to 31 December 1920.
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Comments

Steyregg is a small market town on the Danube just east of Linz, and like hundreds of Austrian municipalities in the early 1920s it resorted to printing its own emergency small change — Notgeld — to compensate for the near-total disappearance of coins from circulation. The postwar Habsburg collapse had stripped the monetary system down to paper, and denominations below one Krone became effectively unobtainable in metal form.

These hyper-local issues were produced in tiny quantities for purely functional use within the issuing community. Steyregg's version is about as modest an issuer as the series gets.

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