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50 Heller Gosau

Issuer Gemeinde Gosau (Municipality of Gosau)
Year 1920
Type Local banknote
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Obverse lettering 50 · NOTGELD · GEMEINDE GOSAU ·
Reverse description Plain cream paper reverse bearing a four-line verse in Upper Austrian dialect followed by a formal German-language legal declaration, printed in brown letterpress, stating that the Municipality of Gosau issues vouchers up to a total value of 50,000 Kronen by resolution of the municipal committee of 8 May 1920 to alleviate the prevailing shortage of hard currency. The text closes with a warning against counterfeiting and a facsimile mayoral signature at lower right. A faint mirror-image underprint of the obverse legend 'GEMEINDE GOSAU' is visible in the lower portion of the reverse.
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Comments

Gosau is a small market village in the Salzkammergut district of Upper Austria, and like hundreds of Austrian municipalities in 1920, it issued its own Notgeld to address the chronic small-change shortage that persisted well after the First World War. These local emergency issues were a patchwork solution to a national coin famine — the central authorities couldn't produce low-denomination coinage fast enough to meet demand.

The print date of 30 April 1945 is almost certainly a cataloging anomaly or transcription error; no Austrian Heller Notgeld was printed in 1945.

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