10 Heller St. Lorenz am Mondsee

Sankt Lorenz am Mondsee is a small market town on the Mondsee in Upper Austria, and like hundreds of Austrian municipalities in 1920, it issued Notgeld to address the catastrophic small-denomination coin shortage that followed the collapse of the Habsburg monetary system. These local emergency issues were authorized under a framework that gave individual Gemeinden considerable latitude in design — which is why Gerstenbrand's involvement matters. Alfred Gerstenbrand was an Austrian graphic artist associated with the decorative arts movement, and his commissions for regional Notgeld were taken seriously as design objects, not stopgap currency.

Many Mondsee-area Notgeld issues were collected speculatively almost from the moment of printing, which complicates any assessment of genuine circulation wear.