Catalog
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| Issuer | Marktgemeinde Gresten (Market Town of Gresten) |
|---|---|
| Year | |
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| Currency | Krone (1918-1921) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Brown letterpress print on grey paper with a dense stippled guilloche border framing the entire note. The left half carries a circular vignette of a rural church with a steep pointed steeple set against a hilly landscape, surmounted by the numeral '10' in a decorative cartouche. The right half bears the issuing authority name, the designation 'Notgeld' flanked by small ornamental devices, the written denomination 'Zehn Heller', a guarantee clause, and three manuscript facsimile signatures for the Bürgermeister, his deputy (Bürgerm.-Stellv.), and the Zahlmeister. |
| Reverse lettering | Marktgemeinde Gresten Notgeld Zehn Heller Die Marktgemeinde Gresten haftet für die Verbindlichkeit dieses Scheines mit ihrem ganzen Vermögen. der Bürgermeister: Bürgerm.-Stellv.: Zahlmeister: |
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| Comments |
Gresten is a small market town in Lower Austria, and like hundreds of similar municipalities during World War I, it issued its own emergency paper money — Notgeld — when the Austro-Hungarian state could no longer keep small-denomination coinage in circulation. The hoarding of metal during the war years created a practical void that towns, parishes, and businesses filled themselves, often printing on whatever stock was locally available.
The Jaksch reference places this firmly within the documented Lower Austrian municipal issues. Survival rates for these small-denomination Notgeld pieces vary considerably — many were redeemed and pulped, others survived simply because collectors scooped them up almost immediately after issue.