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50 Heller Grünbach bei Freistadt

Issuer Gemeinde Grünbach bei Freistadt (Municipality of Grünbach bei Freistadt)
Year 1920
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In circulation to 31 January 1921
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Obverse lettering Gemeinde Grünbach b. Freistadt
St. Michael.
50
Heller 50 Heller
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Signature(s) Leopold Fischerlehner and Firklbauer
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Comments

Grünbach bei Freistadt is a small Upper Austrian village, and this note belongs to the vast wave of Notgeld issued by Austrian municipalities between 1919 and 1921 to address a crippling shortage of small-denomination coins following the collapse of the Habsburg economy. L. Haase in Linz was a regional printer handling dozens of such commissions simultaneously, which shows in the workmanship. The two signatories — Fischerlehner and Firklbauer — were local officials who personally authorized scrip backed by nothing more than the municipality's word and the expectation that the coin shortage would eventually resolve.

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