NEW AUSTRIAN CURRENCY
OLD NOTES WORTHLESS PASSING OF SCHILLINGS (Reed. Jan. 4, 9 a.m.) VIENNA, Jan. 3. All the paper notes of old Austrian schilling currency became worthless as from January 1 and silver coins are worth only their intrinsic value, which is about a quarter of the nominal value.
The banks worked overtime exchanging old currency for new, but many people retained sets of 10 two schilling coins, already worth over the nominal 20 schillings, bearing the portraits of celebrities, including Dr. Dollfuss.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19390104.2.57
Bibliographic details
Poverty Bay Herald, Volume LXVI, Issue 19828, 4 January 1939, Page 5
Word Count
84NEW AUSTRIAN CURRENCY Poverty Bay Herald, Volume LXVI, Issue 19828, 4 January 1939, Page 5
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in