"Austrian post-WWI Emergency Money"

Back to Austrian Stamps homepage Back to Articles list
If you reached here from the Salzkammergut Bummel, and want to return to it, simply close this window.


As Austria extracted itself from the wreckage of the Empire, one of the many problems was the shortage of small change. A Decree was therefore issued by the Finance Ministry, effective from either 21 or 26 November 1918, authorising official bodies to issue "Geldersatzzeichen" or Notgeld. These were to be valid for not more than three months, and backed up by a corresponding deposit in a branch of the Austria-Hungarian Bank or a postal savings office..
The full text of the decree is here.

Here are some of the ones we might meet on our Bummel:

St Gilgen 10 & 20 heller

St Wolfgang 10 & 20 heller

©APS 20 August 2013