50 Heller

Grossgstötten is a small rural commune in Upper Austria, and this 50 Heller note is a product of the Notgeld wave that swept Austrian municipalities between 1919 and 1921. With the old Habsburg currency system in collapse and small change effectively vanishing from daily commerce, even tiny villages were authorized to print their own emergency fractional currency. The Gemeinde handled issuance locally, with Johann Bauer's signature providing the administrative sanction required under Austrian notgeld regulations.

The Jaksc/Pick reference 0292ll places this within the documented Upper Austrian series, but surviving examples from minor communes like Grossgstötten are disproportionately scarce — local print runs were small, redemption was actively encouraged once federal currency stabilized, and few saw any reason to save them.