50 Heller St. Johann am Walde

Sankt Johann am Walde is a small Upper Austrian village, and like hundreds of similarly modest municipalities it issued Notgeld during the postwar inflation years when small-denomination coinage had effectively vanished from circulation. The 50 Heller denomination sits at the practical workhorse level of these emergency issues — enough to make change, small enough that nobody hoarded it.

JPR0893a suggests this is the first catalogued variety for this issuer, implying the series is limited in scope. Austrian rural Notgeld of this period was typically printed locally in small runs, and survival rates vary enormously by village.