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50 Heller Rattenberg

Issuer Stadtgemeinde Rattenberg (City of Rattenberg)
Year 1920
Type Local banknote
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Obverse description Printed in red-brown on buff paper, the note is divided into three vertical panels. The central panel bears a full-length vignette of a haloed female saint holding a lantern and standing above the Rattenberg town coat of arms. The left panel carries a text box with the Kassenschein legend and liability clause in Gothic script, while the right panel contains the validity and anti-counterfeiting warning text alongside manuscript signatures of the Bürgermeister, Vizebürgermeister, and Stadtkassier. Denomination numerals '50 Hl.' appear in large Gothic type at the upper corners, with a decorative floral underprint border along the lower margin.
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Reverse lettering 50 Heller / Stadt Rattenberg in Tirol. / II. AUFLAGE
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Comments

Rattenberg, on the Inn River in Tyrol, holds the distinction of being Austria's smallest town — a fact that makes its status as a note-issuing municipality in 1920 worth pausing on. The postwar collapse of the Austro-Hungarian monetary system forced hundreds of Austrian municipalities, no matter how small, to produce their own Notgeld to cover the catastrophic shortage of small change circulating after 1918.

Wagner of Innsbruck handled a significant volume of Tyrolean municipal emergency issues during this period, supplying notes to dozens of communities across the region. The Rattenberg issue is among the more localized of these — a town of a few hundred residents printing its own currency.

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