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50 Heller St. Oswald bei Freistadt

Issuer Gemeinde St. Oswald bei Freistadt (Market Community)
Year 1920
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Value 50 Hellers (0.50)
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Reverse lettering MARKT OSWALD
50 Heller
Die Gemeinde St. Oswald bei Freistadt in Oberösterreich gibt laut Beschluß vom 1. Mai 1920 Gutscheine im Gesamtbetrage von 16.000 Kronen aus und haftet für die Verbindlichkeit, diesen Gutschein vom 1. bis 30. November 1920 bei der Gemeindekasse in gesetzlichem Bargeld einzulösen.
St. Oswald, 1. Mai 1920.
Der Bürgermeister:
Leopold Krenner.
Nachmachung wird gesetzlich bestraft.
Signature(s) Leopold Krenner
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Comments

St. Oswald bei Freistadt is a small market community in Upper Austria, and this 50 Heller note is a product of the Notgeld wave that swept Austrian municipalities between 1919 and 1921. The postwar collapse of the Austro-Hungarian krone left regional governments scrambling to cover small-denomination shortfalls that Vienna could not address quickly enough, and hundreds of communities — including ones far too small to have any business issuing currency — printed their own emergency paper.

Leopold Krenner's signature as signatory places administrative responsibility squarely at the local level. The Jaksch/Pick reference JPR0917-50 situates this within the documented Upper Austrian municipal series, but print runs for notes of this type were rarely recorded, and survival rates vary sharply by community.

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