1920 Federal State of Lower Austria 10 Heller Notgeld Note P# S112 Grades vf++
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Description
1920 Federal State of Lower Austria 10 Heller Notgeld Note P# S112 Grades vf++. Notgeld is German for "emergency/necessity money". Notgeld typically refers to German and Austrian notes produced in the post-WWI period. Somewhat similar to Depression Scrip in the USA, these notes were issued when there wasn'te nough state-produced money available from the central bank. Issuing institutions were often a town's savings banks, municipalities, or private or state-owned firms. Nearly all issues contained an expiry date, after which time they were invalid. Issues without dates ordinarily had an expiry announced in a newspaper or at the place of issuance.
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1920 Federal State of Lower Austria 10 Heller Notgeld Note P# S112 Grades vf++
Estimate $25 - $100
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