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50 Heller

Issuer Land Oberösterreich (Federal State of Upper Austria)
Year 1921
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Value 50 Hellers (0.50)
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Obverse description Printed entirely in red on cream-coloured paper stock, the obverse carries the denomination numeral '50' in large Gothic script at left and right, flanking a central crowned heraldic shield vignette of Upper Austria. Ornamental scroll borders and dotted rule lines frame the upper title inscription, while the lower portion bears the redemption guarantee text in two columns separated by a small decorative vignette. The date of issue, place of issue, and facsimile signatures of the Landeshauptmann and his two deputies appear in Gothic lettering across the lower half.
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Reverse description The reverse is unprinted, showing the plain cream-coloured paper surface with no design, text, or ornamentation.
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Upper Austria's Heller notgeld from this period emerged from a genuine monetary vacuum. The postwar collapse of the Habsburg currency system left municipal and regional authorities across the former empire scrambling to fill denominations that the central government in Vienna could not physically produce fast enough. Oberösterreich printed its own small-denomination emergency scrip under regional authority, with four signatories — an unusually broad administrative sign-off that reflects just how politically contested local financial autonomy had become in the early Austrian Republic.

Franz Langoth, one of the four signatories, later became a prominent figure in Austrian National Socialism. His signature on a 1921 notgeld issue is an early documentary trace of his administrative career in Upper Austria.

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