Austria. - 100 Banknotes - Various Dates (No reserve price)

Austrian emergency money until 1920. The Austrian Notgeld emerged during World War I due to a shortage of metallic coinage. Coins were hoarded or used for the war industry, which made small denominations scarce in particular. Municipalities, towns, companies and institutions therefore issued their own temporary banknotes. The first significant issue appeared from 1918, especially in Tyrol, including Innsbruck, Kufstein and Kitzbühel. The usual denominations were 10, 20 and 50 Heller, but higher values were issued as well, sometimes up to 100 Kronen. This so-called Großgeld was intended for larger payments. After the dissolution of Austria-Hungary in 1918, production increased markedly. In 1919 and especially 1920 hundreds of Austrian municipalities issued their own Notgeld. Upper Austria became an important center in particular. The banknotes were usually valid for only a short time and could be exchanged with the issuing authority. From 1920 the banknotes increasingly took on an artistic and local character. Castles, churches, town halls, landscapes, coats of arms and historic figures were depicted. Due to strong collector interest, there were also special series, color variants, print variants and other issues that were sometimes hardly intended for circulation. In addition to municipal Notgeld there existed Privatnotgeld from companies and shops and Lagergeld for use within certain institutions or closed communities. Important collecting areas are Tyrol, Salzburg, Vorarlberg, Vienna, Lower Austria, Upper Austria, Styria and Carinthia. For Upper Austria hundreds of municipalities are known. One municipality could moreover issue dozens of different variants. 1920 marks an important endpoint for a collection, because from the end of that year issuance became increasingly restricted. Austrian Notgeld from this period is of interest today for both its historical significance and its wide artistic and local diversity. For an extensive study, the catalogs by Johann Kodnar & Norbert Künstner, Katalog des österreichischen Notgeldes 1914–1924, and the regional catalogs of the Oberösterreichische Landesarchiv are especially important. These are 100 Notgeld banknotes from Austria. They cannot be returned or exchanged. They are of varying quality (look at the photos to get a good impression; what you see is what you get). No items are shipped to the United States of America. 9

Estimate:£0.84

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