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| 正面铭文 | II. Auflage Achtzig 80 Heller Die Gemeinde löst diesen Gutschein bis zwei Wochen nach öffentlich kundgemachtem Widerruf ein. – Nachahmung verboten. Der Bürgermeister: Kaspar Haider. Waxenberg, 20. Juni 1920. |
| 背面描述 | The reverse carries a finely rendered two-colour vignette within a decorative cartouche with concave-cut corners and a double-line border in dark blue. The central scene depicts the courtyard of Waxenberg castle, with a stone staircase and arched gateway to the left and a rectangular stone fountain in the foreground centre-right, overhung by a large deciduous tree; the composition is rendered in orange and dark ink in a woodcut-influenced illustrative style. An artist's monogram 'f.B.' appears in the lower left corner of the vignette. |
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Waxenberg is a small castle-village in Upper Austria — the kind of place that would never appear in monetary history except for the Notgeld wave of 1920, when hundreds of Austrian municipalities printed their own emergency small change to fill the void left by a collapsed imperial coinage system. The postwar shortage of metal coins was acute enough that even a settlement of a few hundred residents had standing to issue fractional currency.
Signed by Kaspar Haider, presumably the Gemeindekassier or equivalent local official. The Jaksch/Pick reference confirms this as the 80 Heller denomination — the higher of the two values typically issued by the smallest municipalities, where even 80 Heller represented real purchasing power in a hyperinflationary economy still finding its floor.