100 000 Volksoper

The Volksoper Wien issued its own house currency — effectively a printed voucher denomination — as part of an internal fundraising or commemorative scheme, a practice that sits in the overlap between notgeld tradition and institutional promotion. Whether this circulated among staff, donors, or the general public as a collectible is not firmly documented, but the format and denomination echo the emergency currency aesthetics that Austrian institutions occasionally revived for novelty purposes long after the hyperinflationary Notgeld wave of the early 1920s had passed.

Classifying it as a banknote is generous; as a piece of printed ephemera tied to one of Vienna's major opera houses, it has a niche following.