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50 Heller Laa an der Thaya

Issuer Stadtgemeinde Laa an der Thaya
Year 1920
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Value 5 Hellers (0.05)
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Obverse description The obverse is set within a rectangular black letterpress border with ornamental corner devices and guilloche underprint in orange-brown, with the denomination numeral '50' in circular cartouches at left and right. A Gothic blackletter heading panel at top reads 'Kassenschein der Stadt Laa a/d. Thaya' with the value 'über 50 Heller' in an oval cartouche below it. The central text field carries the full legal declaration of issue in German blackletter script, with a faint circular municipality stamp impression in orange at centre.
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Reverse description The reverse carries a repeating geometric guilloche underprint pattern in orange-brown, with denomination numerals '50' and small ornamental lozenges distributed across the field in a regular lattice arrangement, printed on plain white paper without further vignette or text.
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Comments

Laa an der Thaya, a small border town in Lower Austria, issued notgeld in 1920 well after the postwar currency chaos had peaked — by which point many Austrian municipalities were printing more out of local pride or collector demand than genuine small-change necessity. Whether this 50 Heller falls into the emergency category or the speculative notgeld trade that flooded the market from 1919 onward is a reasonable question. The Jaksc catalogue distinguishes variants that are easily confused in the hand.

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