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| Issuer | Marktgemeinde Wachau (Market Town of Wachau) |
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| Year | 1920 |
| Type | Local banknote |
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| Obverse description | The left half of the obverse carries a detailed letterpress vignette of the ruins of Aggstein Castle perched on a rocky hillside above the Danube, captioned below in Gothic blackletter script 'Ruine Aggstein a/D'. The right half is dominated by an ornate oval cartouche with scrollwork and floral guilloche border, enclosing a multi-line Gothic calligraphic inscription. The notation '1. Auflage.' (First Issue) appears in the upper right corner. |
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| Obverse lettering | Erinnerungsschein an die Notgeldzeit der Wachau in Oesterreich 1920. Ruine Aggstein a/D 1. Auflage. |
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| Comments |
Austrian municipal notgeld from the immediate postwar inflation period, when the collapse of the krone left local governments scrambling to issue their own emergency scrip to keep commerce moving. Wachau as an issuing authority is uncommon — most surviving notgeld from this region is attributed to individual towns like Krems or Melk rather than the Marktgemeinde designation, making this a comparatively rare administrative variant.
Aggstein, referenced in the note's title, is the ruined medieval castle overlooking the Danube gorge — its appearance on local scrip was typical of the civic pride municipalities invested in these otherwise desperate instruments.