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| 正面描述 | Cream-toned note with a light blue guilloche scroll underprint filling the field. A central vignette in brown and dark ink presents a view of the Schwanenstadt town gate with flanking buildings rendered in an Expressionist woodcut style. The denomination '50 Heller' appears in large Gothic script at upper left and upper right, with the split year '19' and '20' incorporated into the guilloche at centre left and centre right. The issuer inscription 'Stadt Schwanenstadt, O.-Oe.' runs along the lower margin in bold Gothic lettering. |
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| 背面铭文 | 50 Hr. Gültig bis 31. Dez. 1920 Nachahmung strafbar. Stadtgemeinde-Vorst. Schwanenstadt. Der Bürgermeister: E. Prietzl, Steyr |
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Schwanenstadt is a small market town in Upper Austria, and like hundreds of similarly sized municipalities, it issued emergency paper money — Notgeld — during the acute coin shortage that followed the collapse of the Habsburg economy. The Prietzl printing firm in Steyr handled a considerable volume of local Notgeld commissions across the region during this period, making their output workmanlike rather than distinctive.
The Jaksc reference places this within the JPR0977 series, suggesting at least one companion denomination was issued alongside it.