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50 Heller niederösterreich

Issuer Land Niederösterreich (Federal State of Lower Austria)
Year 1920
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In circulation to Yes
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Obverse lettering Land Niederösterreich
50 Heller
Reverse description Text-dominant reverse printed in grey-green on cream paper within an elaborate Art Nouveau wreath border of wheat, berries, and foliage. Three manuscript signatures appear below the issuing authority line, with printed role designations beneath each. The printer's imprint appears at the foot of the note.
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Comments

Lower Austria's Heller notgeld issues of 1920 were a direct consequence of the catastrophic coin shortage that followed the dissolution of the Habsburg monetary system. The new Austrian republic simply could not mint subsidiary coinage fast enough, so individual Länder and municipalities flooded the country with small-denomination emergency paper. Niederösterreich's issues, printed by the Vienna firm Christoph Reisser's Söhne, were among the more systematically produced of the lot — a commercial printer rather than an improvised local solution.

Reisser's handled a substantial volume of Austrian notgeld work in this period, which makes precise dating of individual print runs difficult.

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