40 Heller Brandenberg in Tirol

Brandenberg is a small village in the Inn Valley, and like hundreds of Austrian municipalities during the postwar economic collapse, it issued its own emergency paper in 1920 when coinage simply vanished from circulation. These Notgeld issues were a direct consequence of metal hoarding and the economic dislocation following Austria-Hungary's dissolution — the new Republic had no reliable mechanism to push small change into rural communities quickly enough.

Wagner in Innsbruck handled a substantial number of Tyrolean municipal issues during this period, which makes attribution straightforward but the individual printings no less local in character. The 40 Heller denomination is mid-range for the series.