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50 Heller Gmunden
| Issuer | Kurstadt Gmunden (City of Gmunden) |
|---|---|
| Year | 1920 |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | Jaksc/Pick#JPR0240III-50 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 50 Heller 50 SCHLOSSORT Kurstadt Gmunden |
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| Signature(s) | Dr. Kracköwizer (Bürgermeister) |
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| Comments |
Gmunden's 50 Heller notgeld belongs to the enormous wave of municipal emergency currency that flooded Austria in 1920, when chronic coin shortages — an inheritance of wartime metal requisitioning and postwar monetary chaos — left towns with no practical means of making change. The Salzkammergut-Druckerei was a local commercial press; keeping production in-house was both an economic necessity and a logistical one, as centralized printing capacity was overwhelmed across the former imperial territory.
Bürgermeister Dr. Kracköwizer's signature gives the note its formal authority — such signatures were legally required to distinguish legitimate municipal issues from counterfeits, which proliferated rapidly in this period.