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10 Heller Schwaz

Issuer Stadtgemeinde Schwaz (City of Schwaz, Tyrol)
Year 1921
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Shape Rectangular
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Reverse description The reverse is laid out in three vertical panels on a salmon-pink ground with a fine guilloche border. The left panel contains the gothic-script text of the obligation, stating the note is a Kassenschein for ten Heller redeemable until 31 January 1921. The central panel displays the municipal coat of arms of Schwaz — a shield quartered with horizontal stripes above and two crossed mining hammers below — with the denomination '10 H' in large grey characters beneath. The right panel bears the issuing authority designation 'Stadt Schwaz' and three manuscript facsimile signatures identified as Der Bürgermeister, der Stadtkämmerer, and Der Geldwart, with the printer's imprint 'WAGNER, INNSBRUCK' at the base.
Reverse lettering Kassenschein über Zehn Heller welcher bis 31. Jänner 1921 von der
Stadt Schwaz eingewechselt wird.
Der Bürgermeister:
der Stadtkämmerer:
Der Geldwart:
WAGNER, INNSBRUCK
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Comments

Schwaz is a small Tyrolean town that had been one of the wealthiest cities in the Holy Roman Empire four centuries before this note was printed — its silver mines once funded Habsburg wars across Europe. By 1921, the town was issuing 10-Heller emergency scrip because the Austrian state couldn't keep small-denomination coinage in circulation. This is Notgeld in its most mundane form: a local stopgap, printed by a regional press, intended to last months.

Wagner of Innsbruck handled municipal printing work across the Tyrol during this period. The 1921 date places this at the tail end of the main Austrian Notgeld wave, as hyperinflationary pressure was already beginning to make low-denomination fractional notes obsolete almost immediately after issue.

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