20 Heller Bruck im Pinzgau

Austrian municipal notgeld of this type emerged from a practical crisis: the near-total disappearance of metal coinage from circulation during and after the First World War, hoarded by a public with no confidence in the paper alternatives being issued from Vienna. Gemeinden across the Salzkammergut and Pinzgau were left to fill the gap themselves, which is why a village like Bruck issued its own fractional currency at all.

Anton Posch's signature as signatory places this firmly within the local administrative apparatus rather than any banking institution. The Jaksc prefix in the reference number indicates this is catalogued within the specialized Austrian notgeld listings rather than the main Pick sequence.