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50 Heller Altenfelden

Issuer Gemeinde Altenfelden (Municipality of Altenfelden)
Year 1920
Type Local banknote
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Obverse description Brown letterpress Notgeld note enclosed within an elaborate foliate and scrollwork border. The numeral '50' appears at the upper left within a circular cartouche, while a fine line-engraved vignette to the right presents a rural church with an onion-dome steeple set among trees. The issuing authority and denomination are rendered in ornate Gothic blackletter script across the centre.
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Reverse description The reverse, printed in brown, carries a central arched vignette in which an elder gentleman shakes hands with two younger agricultural workers, one bearing a scythe, set against a panoramic rural landscape with a village silhouette labelled 'Arnreit' at lower left. The denomination numeral '50' is placed in ornamental cartouches at each upper corner. A scroll panel below the vignette carries the redemption text in Gothic script, with a facsimile signature at lower right and the engraver's credit 'Luisellerschnitt' at the lower left margin.
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Altenfelden is a small market commune in Upper Austria's Mühlviertel, and this 50 Heller note is a product of the catastrophic postwar currency disorder that gripped Austria between 1919 and 1922. With the old Habsburg monetary system in collapse and the new republic unable to supply adequate small change, hundreds of Austrian municipalities printed their own Notgeld — emergency money — to keep local commerce moving. Altenfelden was one of the smallest communities to do so.

The Jaksch reference places this in the well-documented JPR series of Upper Austrian municipal issues. Locally produced, which accounts for the modest printing quality typical of rural commune issues from this region.

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