1920 Schwallenbach an der Donau Austria 80 Heller Notgeld - Reverse Stamp - Austrian Emergency Currency - 1920 Austria Eighty Heller Note

This listing is for the photographed 1920 Municipality of Schwallenbach a/d Donau Austria 80 Heller Emergency Notgeld. The banknote was used in the Municipality of Schwallenbach immediately following World War I as inflation raged through the defeated nation. Most other Austrian localities followed suit, resulting in many varied and specific Austrian "notgeld" from this time. This note has the expiration date of December 31st, 1920. It was made of a thicker cardboard paper rather than the regular paper that was used for most of these notgeld, making it a more interesting find! On the reverse of this note features a purple stamp showing that the note was used and validated, adding to its value. Uncirculated (UNC) grade/condition, crisp note! Excellent piece of history with a rarer denomination and composition! Perfect addition to any collection!

Emergency money printed in Germany and Austria immediately after WWI is widely known as "notgeld". The two countries experienced extreme periods of inflation and economic turmoil after their loss in WWI, resulting in municipalities, towns, and state-owned firms to issue their own emergency currencies. The notgeld would be issued with an expiration date, after which they would become invalid. These historically important souvenirs from the interwar periods are an interesting find, representing WWI history and Austria's economic downfall immediately after.

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1920 Schwallenbach an der Donau Austria 80 Heller Notgeld - Reverse Stamp - Austrian Emergency Currency - 1920 Austria Eighty Heller Note