WORLD WAR I - 2 X AUSTRIA NOTGELD 10&20 HELLER (EMERGENCY MONEY) 1914-1921 - SEITENSTETTEN

WORLD WAR I - 2 X AUSTRIA NOTGELD 10&20 HELLER (EMERGENCY MONEY) 1914-1921 -  SEITENSTETTEN.

COLLECTOR'S PIECES. SEE HISTORY BELOW.

Scan of front and back below.

Condition of these notes - uncirculated.

SHORT HISTORY.

AUSTRIA NOTGELD (EMERGENCY MONEY)

During and after the first World War few countries in Europe had any silver or gold to back their coinage, nor enough of the normal coinage metals, including copper and nickel, with which to make coins. 

Needing to continue somehow with their daily economy, Germany began to issue money.  Since the national issues were in short supply local governments undertook to make up some of the lack, and issued their own "notgeld," or "emergency money."

At first (1914-15) this money was quite plain, with a simple seal of the issuing authority, and signed by some local notable.  But by 1920 towns, villages, and even businesses had begun to issue whole series of notes in brilliant colors to take the place of the coinage they lacked. 

Notgeld, as a collectible class, remains quite affordable at present, availing us all of access to a truly fantastic era in the history of currency, and of a people.

STOCK PICTURE - SERIAL NUMBER MAY DIFFER.

HOUSE RULES - so things can go smoothly.

EK IS AFRIKAANS VIR DIE WAT IN AFRIKAANS WIL KOMMUNIKEER.

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