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| 正面描述 | Dark red letterpress on cream paper within a decorative border of ornamental floral and geometric motifs. The issuer name 'St. Johann im Pongau' is set in large blackletter script across the upper portion, preceded by the printer attribution 'Buchdruckerei' above. The denomination '50 Heller' appears in bold numerals at left and right flanking the central text 'Gutschein', beneath which a lightly printed vignette of a religious or allegorical figure is visible as an underprint, accompanied by a liability clause in Gothic script stating that the printing house R. Holzer guarantees the note with its entire movable and immovable assets. |
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| 正面铭文 | Buchdruckerei St. Johann im Pongau 50 Gutschein 50 Heller Heller Die Buchdruckerei R. Holzer in St. Johann i. P. haftet für diese Verbindlichkeit mit ihrem ganzen beweglichen u. unbeweglichen Vermögen. |
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St. Johann im Pongau is a small market town in the Salzburg region, and this note belongs to the vast wave of Austrian Notgeld that flooded local circulation after the First World War left the new Republic of German-Austria with a catastrophically undersupplied coin stock. What makes this piece unusual is that the printer and the issuer are the same entity — Rudolf Holzer's print shop both produced and guaranteed the note, an arrangement that collapsed the usual distance between issuing authority and manufacturer into a single signature.
Holzer signed as both parties. Whether that carried any real weight in a town of a few thousand residents is another question.