50 Heller Schlierbach

Schlierbach is a small Upper Austrian village best known for its Cistercian monastery, and this 50 Heller note is a product of the Notgeld wave that swept Austria's municipalities after the First World War left the country's coinage supply in near-total collapse. Local governments — including ones as minor as Schlierbach — were legally permitted to issue emergency currency to keep small transactions functioning, typically in denominations too low to be worth counterfeiting.

Three signatories appear: the Bürgermeister and both of his deputies, an unusually full endorsement for a village of this scale, suggesting the issuing committee took the legitimacy of the note seriously despite its modest face value.