50 Heller

Firsching is a small village in Upper Austria, and like hundreds of similarly sized Austrian communes, it issued its own emergency paper money — Notgeld — during the severe coin shortage that followed the First World War. The 50 Heller denomination was the workhorse of this system. Franz Brandstätter's signature as issuing authority gives this note its local administrative legitimacy, though in practice these pieces circulated only within the immediate community and were typically redeemed within a year or two of issue.

The Jaksch/Pick 0201II designation places this within the second series for Firsching, suggesting the commune found it necessary to issue more than one run.