10 Heller Lasberg

Lasberg is a small market town in Upper Austria, and this 10 Heller note is a product of the postwar Notgeld wave that swept through Austrian municipalities between 1919 and 1921. With the old imperial currency in freefall and small change effectively vanishing from circulation, thousands of local authorities — some with no more administrative apparatus than a village council — printed their own emergency fractional notes. Lasberg was one of them.

The two signatories, Franz Auer and Josef Prückl, were almost certainly local officials rather than banking personnel. That detail alone says something about how far monetary authority had fragmented in Austria by 1920.