10 Heller Reith

Austrian Notgeld of this type emerged from a genuine small-change crisis that followed the First World War. The Austro-Hungarian coinage system had collapsed, metal was scarce, and smaller municipalities across Tyrol began printing their own emergency pfennig and heller notes in 1919–1920 to fill the gap left by the central monetary authorities. Reith im Achensee was one of dozens of Tyrolean communities that issued such fractional paper rather than let local commerce grind to a halt.

The Jaksch cataloguing of Tyrolean Notgeld remains the primary reference for attributing these municipal issues, many of which exist in multiple color or text variants — hence the "a" suffix on this listing.