10 Heller Grafenschlag

Grafenschlag is a small village in Lower Austria, and like hundreds of similarly sized municipalities, it issued Notgeld during the economic dislocation that followed Austria's postwar collapse. The 10 Heller note of 1920 belongs to the second wave of Austrian municipal emergency money — by this point the Austro-Hungarian crown was in freefall, small coin had vanished from circulation entirely, and local councils had little choice but to print their own fractional substitutes.

The Jaksch/Pick reference places this within the vast JPR series, which catalogues thousands of these village-level issues. Grafenschlag's output was small even by Notgeld standards.