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50 Heller Losenstein

Issuer Gemeinde Losenstein (Municipality of Losenstein)
Year 1919
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Value 50 Hellers (0.50)
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Obverse description Log in to see details
Obverse lettering 50
Gutschein der Gemeinde Losenstein
Fünfzig Heller
Die Gemeinde Losenstein haftet für die Verbindlichkeit diesen Schein in gesetzlichem Bargelde einzulösen und hat hiefür eine eigene Deckungsrücklage bestellt. Die Nachahmung dieses Scheines wird gesetzlich bestraft.
der Bürgermeister:
Jos. Schörkhuber
Gültig bis 31. Dezember 1920.
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Reverse lettering 50
HELLER
Die Gemeinde Losenstein gibt Gutscheine bis zu einem Betrage von 8000 Kr. aus.(G.R.B. 29.11.1919). Diese Gutscheine werden bis 31. Dezember 1920 in gesetzlichem Bargelde eingelöst.
Losenstein, am 7. Dez. 1919.
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Comments

Losenstein is a small market town on the Enns River in Upper Austria, and this 50 Heller note is a product of the Notgeld wave that swept German-speaking Austria in 1919–1920 following the collapse of the Habsburg monetary system. With the new Austrian Republic unable to supply sufficient small coinage, hundreds of municipalities issued their own emergency paper in heller denominations — legally tolerated, locally redeemed, and theoretically temporary.

Bürgermeister Josef Schörkhuber's signature gives the note its formal authority. Many Losenstein Notgeld pieces were later collected as regional curiosities rather than spent, which can make condition assessment tricky — some "circulated" examples never changed hands commercially at all.

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