10 Heller Frankenburg

Frankenburg am Hausruck, a small Upper Austrian market town, issued this Heller note during the postwar Notgeld wave that flooded Austria between 1919 and 1922. Central bank currency had effectively collapsed in purchasing power following the dissolution of the Habsburg empire, and thousands of municipalities scrambled to print their own small-denomination emergency money to keep local commerce moving. Josef Feichtingers Erben was a Linz commercial printing house — not a specialist security printer — which accounts for the relatively modest production quality typical of provincial Austrian Notgeld from this period.

The Jaksch/Pick reference places this among the documented Frankenburg issues, of which multiple denominations were authorized simultaneously.