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5 Heller Gmunden

Issuer Stadt Gmunden (City of Gmunden)
Year 1920
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Value 5 Hellers (0.05)
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Obverse description The obverse is divided into two panels by a vertical border with a Greek-key ornamental surround. The left panel carries the municipal coat of arms of Gmunden — a quartered shield with three baskets in chief, a fish in fesse, a town silhouette in the third quarter, and foliage in base — all rendered in letterpress. The right panel bears the issuer's name at top, validity clause, the large denomination numeral '5' set against horizontal line underprint, the anti-counterfeiting warning, and the facsimile signature of the mayor.
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Reverse description The reverse is unprinted, displaying only the plain cream-coloured fibrous paper stock with visible blue textile fibres embedded throughout the sheet, characteristic of the emergency currency paper used for Austrian Notgeld issues of this period.
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Gmunden's 1920 Heller notgeld belongs to the final wave of Austrian municipal emergency currency, issued as the post-war collapse of the krone made small coinage functionally worthless. The city of Gmunden, on the Traunsee in Upper Austria, was one of hundreds of municipalities that printed their own fractional notes between 1920 and 1921 before the federal government moved to suppress local issues. Dr. Krackowizer's signature identifies a civic official rather than a banker — these were administrative documents as much as monetary instruments.

The JPR0240iv suffix suggests this is one of several distinct sub-varieties in the series, differentiated by serial numbering, paper stock, or overprint detail.

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