20 Heller Innerschwandt

Innerschwandt is a small locality in the Salzkammergut region of Upper Austria. This note belongs to the vast wave of Austrian Notgeld issued between 1919 and 1921, when coin shortages following the collapse of the Habsburg economy left rural municipalities printing their own fractional emergency currency. At the village level, these were often authorized by a single official — here, M. Wendtner, whose signature alone validates the issue.

The Jaksc/Pick reference JPR0408-20 places this firmly within the catalogued Austrian local emissions, though documentation on Innerschwandt's specific printing arrangements is thin.