50 Heller Senftenberg

Austrian municipal notgeld from the 1920 wave of small-denomination emergency coinage substitutes — Senftenberg, a small Lower Austrian market town, issued this 50 Heller note during the period when the central government simply could not produce enough fractional coinage to meet everyday demand. The postwar Austrian state was in no condition to manage its own monetary infrastructure, and hundreds of municipalities filled the gap themselves.

The Jaksch/Pick reference JPR0993d places this among a multi-denomination Senftenberg series. The "d" suffix typically distinguishes a specific color variant or printing run within that series.