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75 Heller Schwanenstadt

Issuer Stadtgemeinde Schwanenstadt
Year 1920
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Value 75 Hellers (0.75)
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Obverse description Green-tinted note with a plain upper register carrying the redemption text in Gothic script above three facsimile signatures of municipal officials. The lower half presents a stylised Art Nouveau vignette of radiating curved furrows converging on a central cartouche inscribed 'GUTSCHEIN / D.G.SCHWANENSTADT.' in decorative letterpress, with the bold numeral '75' overprinted in black across the cartouche and the date monogram 'K.B.1920' at its base.
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Reverse description Polychrome vignette in cream, grey, and green tones presenting a panoramic landscape of Schwanenstadt, with cultivated rolling fields in the foreground, the town's church spire rising above the roofline at centre, and a range of snow-capped Alps along the horizon. The same stylised radiating furrow motif from the obverse frames a central cartouche inscribed 'GUTSCHEIN / D.G.SCHWANENSTADT.' with the numeral '75' overprinted in green and the date monogram 'K.B.1920' below.
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Comments

Schwanenstadt is a small market town in Upper Austria, and like hundreds of similar municipalities in the immediate postwar years, it issued its own emergency paper — Notgeld — to fill the vacuum left by chronic small-denomination coin shortages that persisted well into 1920. The three-signature requirement on this note, with a doctor among the signatories, points to the local civic committee structure typical of Austrian communal Notgeld administration rather than a formal banking authority.

Upper Austrian municipal Notgeld of this period was largely redeemed and destroyed by 1922, making surviving circulated examples genuinely uncommon.

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