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50 Heller

Issuer Gemeinde Altaist (Municipality of Altaist)
Year 1920
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Shape Rectangular
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Obverse description Central vignette enclosed within an octagonal ruled frame presents an industrial landscape with a factory complex, prominent smokestack emitting smoke, and surrounding coniferous forest rendered in fine letterpress line work. The denomination numeral '50' appears in large Gothic-style figures at the upper left and upper right corners, with the word 'Heller' inscribed in ornate script along the lower left and lower right margins. A dotted guilloche border frames the entire composition in blue on cream paper.
Obverse lettering 50
50
Heller
Heller
DRUCK B. KLING LINZ - URFAHR
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Comments

Austrian municipal notgeld of this period exists in enormous quantities, but the Altaist issues are among the more obscure — Altaist being a small settlement in Upper Austria that exercised its right to issue emergency small change during the coin shortage that followed the collapse of the Habsburg economy. The 1920 date places this firmly in the second wave of notgeld production, after the initial post-war scramble and before the hyperinflationary spiral made small-denomination paper essentially pointless.

B. Kling operated out of Linz-Urfahr, the northern bank district of Linz, a regional printer rather than a specialist notgeld house.

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