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| Issuer | Land Oberösterreich (Federal State of Upper Austria) |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | 80 Hellers (0.8) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Achtzig Heller 80 Gutschein des Landes Oberösterreich |
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| Reverse lettering | Gutschein des Landes Oberösterreich Für die Einlösung dieses Gutscheines in gesetzlichem Bargelde durch die oberösterreichische Landeskasse bis zum öffentlich verlautbarten Einlösungstermin haftet das Land Oberösterreich. Linz, 21. Juni 1920 Die Nachahmung dieses Gutscheines wird gesetzlich bestraft. 80 Heller |
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| Comments |
Upper Austria's regional emergency currency — Notgeld — emerged from the catastrophic coin shortage that followed the dissolution of the Habsburg Empire. By 1920, the new Austrian state simply could not mint small denominations fast enough to meet everyday commercial demand, so individual Länder, municipalities, and even private businesses issued their own paper fractional currency. Upper Austria's series was among the more systematically organized of these regional issues, produced locally in Linz rather than farmed out to Vienna or a foreign press.
The 80 Heller denomination is an odd one — a value that only makes sense in the context of Notgeld arithmetic, where issuers plugged gaps left by whatever coins had vanished from circulation.