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50 Heller Kremsmünster

Issuer Marktgemeinde Kremsmünster (Market Town of Kremsmünster)
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In circulation to 31 December 1920
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Obverse description Dark-toned notgeld note printed in black on cream paper with an ornate decorative border of scrollwork and floral corner motifs. The denomination '50' appears in bold numerals within dark oval vignettes at left and right, flanking a central cartouche bearing the value inscription 'Fünfzig Heller' in large Gothic lettering. The lower portion carries the guarantee text of the Marktgemeinde Kremsmünster, a small circular town seal vignette at center, the Bürgermeister's handwritten signature at right, and the anti-counterfeiting warning 'Die Nachahmung wird bestraft' along the bottom.
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Reverse description The left half of the note is occupied by a detailed line-art vignette of the Bäckerberg street scene in Kremsmünster, rendered in a woodcut-like style with a cobblestone alley, historic buildings, and a seated figure in the foreground. The right half carries the issuer title 'Gutschein der Marktgemeinde Kremsmünster' at the top, the validity period 'Gültigkeitsdauer bis 31 Dezemb 1920', and the denomination '50' set within a bold circular frame flanked by the word 'HELLER' on each side. Below the denomination, four lines of Upper Austrian dialect verse are printed in a smaller typeface.
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Comments

Austrian Notgeld of this type was produced in enormous quantities between 1919 and 1921 to alleviate a severe small-coin shortage following the collapse of the Habsburg monetary system. Kremsmünster's issue was printed locally by Emil Pietsch in nearby Steyr, a practical choice given wartime disruptions to the major printing houses in Vienna.

The Jaksc/Pick reference JPR0476Ia places this firmly within the first series of the Kremsmünster issue. Condition matters here — Pietsch's paper stock was not premium, and surviving examples frequently show edge wear disproportionate to their apparent age.

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