50 Heller Salzburg - Landesverband der Kriegsinvaliden

The Landeshauptstelle der Kriegsinvaliden-, Witwen- und Waisen-Organisation des Landes Salzburg was not a bank or a municipality — it was the provincial welfare organization for war invalids, widows, and orphans of Salzburg. That an institution of this kind was issuing its own emergency currency in 1920 says everything about how completely Austria's monetary infrastructure had collapsed in the post-war years. Notgeld issued by welfare bodies is unusual even within the already chaotic Austrian emergency money record.

The Jaksch/Pick reference JPR0861 covers this Salzburg series, with the 50 Heller being among the lower values.