30 Heller Innsbruck

Innsbruck's 1920 Heller notgeld belongs to the second wave of Austrian emergency currency — not the genuine wartime necessity pieces of 1914–1918, but the deliberately collectible "Serienscheine" produced for the philatelic and numismatic market once municipalities realized collectors would pay face value and never redeem them. The Notgeld-Sammlerbund Innsbruck — a collectors' association, not a bank or civic authority — was unusually transparent about this: the issuer was the collecting fraternity itself.

Anton Konzett and Leopold Hepperger as signatories reflects the club committee structure rather than any treasury or banking mandate. These notes were never legal tender in any meaningful sense.