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| 正面描述 | The obverse is printed in dark ink on plain paper within a decorative foliate border. A central vignette presents a detailed engraved view of the Loosdorf parish church and its surrounding buildings, with coniferous trees in the background. To the upper right, the municipal coat of arms — a shield bearing a rearing horse — is set above a vignette of a standing armoured knight; the denomination numeral '50' appears in each upper corner, and the date '3. April 1920' is inscribed in script alongside the issuer's liability clause; two facsimile signatures of the Finanzreferent and the Bürgermeister appear at the lower portion, above the validity line. |
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| 正面铭文 | Marktgemeinde Loosdorf Kassenschein über Fünfzig Heller Die Gemeinde Loosdorf haftet für diese Verbindlichkeit mit ihrem ganzen beweglichen und unbeweglichen Vermögen. 3. April 1920 Der Finanzreferent Der Bürgermeister Giltig bis 31. Dezember 1920 |
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Loosdorf is a small market town in Lower Austria, and this 50 Heller note is a product of the Notgeld wave that swept Austria between 1919 and 1921 — a period when coin shortages left local municipalities scrambling to produce their own small-change substitutes. The federal government tacitly permitted it while the new Austrian Republic stabilized its monetary arrangements after the collapse of the Habsburgs.
Most Austrian municipal Notgeld of this period was printed in short runs by local or regional print shops, and many issues were redeemed and destroyed within months. Loosdorf's series is referenced under Jaksch rather than the main Pick catalog, placing it firmly in the minor local-issue category.