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| 正面描述 | Brown letterpress Notgeld on cream paper, with the denomination title 'GUT-SCHEIN / FÜNFZIG-HELLER' in bold gothic type across the upper portion, flanked by foliate corner ornaments. A central oval vignette presents a line-engraved view of the Erlauf parish church with surrounding trees and buildings. To the right, a detachable coupon panel carries the numeral '50' within a double circle above an ornamental dotted design, with the issuer inscription 'MARKTGEMEINDE ERLAUF IM NIBELUNGENGAU' in block lettering below. The validity date '31. Dezemb. 1920' and the issue date 'ERLAUF, am 5. APRIL 1920.' appear on the main panel, accompanied by two manuscript signatures above their printed titles. |
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| 签名 | Joh. Schrabauer (Vizebürgermeister) and Ignax Hayer (Bürgermeister) |
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Erlauf is a small market town on the Danube in Lower Austria, and this note is a product of the acute small-change shortage that paralyzed everyday commerce across the former Habsburg territories after 1918. With the new Austrian state struggling to produce sufficient low-denomination coinage, thousands of municipalities printed their own Heller notes — Notgeld in the strictest sense. Erlauf's reference to "Nibelungengau" reflects the regional administrative naming conventions adopted in Lower Austria during this period, invoking the medieval Nibelung geography of the Danube valley.
Two signatories authenticated the issue: the Bürgermeister and his deputy, which was the minimum required for municipal financial instruments of this kind.