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80 Heller Waldhausen

Issuer Marktgemeinde Waldhausen (Market Town of Waldhausen)
Year 1920
Type Local banknote
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Obverse description A full-colour painterly vignette occupies the central field, rendering a panoramic valley landscape with rolling wooded hills, a tall deciduous tree at left, and two church buildings with red rooftops set amid meadows under a clouded sky. The issuer's title in Gothic blackletter script appears within a decorative cartouche at the top centre, while the denomination numeral '80' is printed in bold within ruled corner squares at lower left and lower right. At the bottom, a text band in Gothic script states the redemption terms and carries two manuscript facsimile signatures below the titles 'Der Bürgermeister' and 'Der 1. Gemeinderat', flanking the central legend.
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Reverse description The reverse is printed on plain cream paper in black Gothic blackletter script throughout. The central text block identifies the note as a 'Gutschein der Marktgemeinde Waldhausen Ober-Österreich über 80 Heller', followed by a paragraph explaining the issuance purpose, the non-interest-bearing nature of the voucher, and its acceptance and redemption schedule up to 31 March 1921. A separate line in larger script warns that counterfeiting is punishable by law, and the printer's imprint appears at the foot of the note.
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Comments

Waldhausen is a small market town in Upper Austria, and like hundreds of similar municipalities, it issued emergency paper currency — Notgeld — during the acute coin shortage that followed Austria's defeat in the First World War. The 80 Heller denomination is an odd one, deliberately chosen to reduce the risk of counterfeiting by avoiding round figures that forgers might more easily replicate en masse.

Chwala's Druck in Vienna produced a significant volume of Austrian municipal Notgeld during this period, and their work accounts for much of what survives in Jaksch/Pick listings for Upper Austrian communes.

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