50 Heller

Pfarrkirchen im Mühlkreis is a small rural commune in the Mühlviertel, north of the Danube in Upper Austria. This note belongs to the vast Notgeld phenomenon that swept Austria between roughly 1919 and 1921, when the collapse of the Habsburg monetary system and a chronic shortage of small-denomination coinage forced thousands of municipalities — including obscure farming villages — to issue their own emergency scrip. Jos. Waltl was a Linz commercial printer responsible for a considerable number of such local issues across Upper Austria, producing them quickly and cheaply to meet urgent municipal demand.

Jaksch/Pick 0744 is a collector reference, not a rarity indicator — but Mühlviertel village issues in collectible condition are genuinely harder to locate than their urban counterparts.