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5 Heller Rattenberg

Issuer Stadt Rattenberg (City of Rattenberg, Tyrol)
Year 1920
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Shape Rectangular
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Reverse description The right half of the bipartite note is dominated by a large circular municipal wax-seal vignette printed in red-orange, bearing the arms of Rattenberg and a Gothic legend around the circumference. The issuer inscription in bold Gothic script reads "Stadt Rattenberg in Tirol" below the seal. The denomination "5 Heller 5" appears in matching Gothic type at the upper portion of this half.
Reverse lettering 5 Heller 5
Stadt Rattenberg in Tirol
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Comments

Rattenberg is the smallest town in Austria by area — a narrow sliver pressed between the Inn River and a cliff face, with a population that barely exceeded a few hundred in 1920. That it issued its own emergency currency at all speaks to just how thoroughly the postwar coinage shortage had atomized monetary supply in the Alpine regions. Hundreds of Tyrolean municipalities, parishes, and even individual businesses printed Notgeld in this period, with Wagner in Innsbruck handling a significant share of the local contract work.

The 1920 Tyrolean issues are among the more ephemeral of the Austrian Notgeld wave — redeemed quickly once the national supply stabilized, and often printed in small runs to begin with.

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