10 Heller Eferding

Eferding's 10 Heller note belongs to the vast wave of Austrian municipal Notgeld issued after the collapse of the Habsburg monarchy left local economies with an acute shortage of small change. The new Republic was printing its own currency, but coin metal was scarce and distribution lagged badly — towns across Upper Austria simply printed their own to keep commerce moving. Eferding's solution came off the Langhammer press in Linz, signed by Bürgermeister Franz Vogl in what was effectively an act of municipal self-sufficiency.

The series is relatively minor and regionally confined, which means surviving examples turn up almost exclusively in Austrian provincial collections.