50 Heller Niedertalheim

Niedertalheim is a small village in Upper Austria, and like hundreds of similarly sized municipalities, it issued Notgeld during the postwar crisis when the central government could not keep small-denomination coins in circulation. These hyperlocal emergency notes were produced in vast quantities across Austria between 1919 and 1922, often printed by local firms with minimal oversight. The 50 Heller denomination was among the most commonly needed for everyday transactions — coin hoarding had made change almost impossible to obtain.

Signed by Alois Schick, presumably the Bürgermeister at the time of issue. The Jaksc/Pick reference places this firmly within the catalogued Austrian Notgeld series, though village-level issues like this one were printed in small runs and saw genuine local circulation rather than the purely collectible Notgeld produced for the philatelic trade from 1921 onward.