50 Heller

Tafelberg — a small municipality in Lower Austria — issued this 50 Heller Notgeld note during the acute coin shortage that followed Austria's defeat in the First World War. Municipal and parish authorities across German-speaking Austria scrambled to print emergency small-denomination scrip in 1919–1920, filling a gap the central government was too destabilized to address. The Ortsgemeinde series from this region were typically authorized locally and signed by a responsible official; here that falls to Johann Morawetz, almost certainly the Bürgermeister or a designated community treasurer.

Redemption of these Notgeld issues was theoretically guaranteed but often practically difficult, and many circulated well beyond their intended withdrawal dates.