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70 Heller Nachrichten

Issuer Mödlinger Nachrichten (City of Mödling, Lower Austria)
Year 1920
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Reference(s) Jaksc/Pick#0624-70
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Obverse lettering GUTSCHEIN ÜBER 70 HELLER
Mödlinger Nachrichten
Für den Kundenverkehr ausgegeben mit der Verpflichtung zur vollen Einlösung in gesetzlichem Bargelde bis 31. Dezember 1920.
Das böse Geld! Die böse Welt!
Traut keiner Außenseite!
Die Leute machen falsches Geld!
Das Geld macht falsche Leute.
Reverse description The reverse is unprinted and presents a plain cream-white paper surface, with the obverse design visible in faint mirror impression through the thin paper stock, confirming single-sided letterpress production.
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Comments

Austrian Notgeld from the postwar inflation period, issued by the local newspaper rather than the municipality itself — an unusual arrangement that made the Mödlinger Nachrichten both the issuing authority and, effectively, the advertising vehicle. Newspaper-issued Notgeld is uncommon even within the already eccentric taxonomy of Austrian emergency currency, and Mödling's decision to route the issue through the press rather than the Stadtamt is not fully explained in surviving administrative records.

The 1920 Notgeld wave in Lower Austria was driven by a severe coin shortage, not hyperinflation proper — that came later. These notes were intended for genuine small-change transactions, not speculation.

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