50 Heller Oftering

Oftering is a small parish municipality in Upper Austria, and like hundreds of similar communities it issued its own Notgeld in the early 1920s to relieve the chronic small-change shortage that followed Austria's postwar economic collapse. These local emergency notes were typically authorized in small print runs, circulated within a tight geographic radius, and redeemed — or more often simply abandoned — within a few years. The official stamp was the only security measure the municipal administration could practically manage.

Survival rates for Oftering issues vary considerably across denominations, and the 50 Heller tends to turn up less frequently than the lower values from the same series.