50 Heller Wels

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正面铭文	Stadtgemeinde Wels Gutschein über Fünfzig Heller 50 wird über Beschluss des Gemeindeausschusses im Sinne der erfolgen Kundmachung = von der = Stadtgemeinde bis 30. Juni 1920 in gesetzlichem Bargelde eingelöst. = Der Bürgermeister Karl Richter
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背面铭文	50 Heller Gutschein 50 Größter Handelsplatz für das norische Pferd. Wels
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备注	Wels notgeld from this period occupies a peculiar administrative moment: by 1920, the flood of Austrian municipal emergency money was already receding, and many towns were issuing final denominations more to satisfy collector demand than genuine transactional need. The Stadtgemeinde Wels was no exception. These later issues circulated alongside a stabilizing national currency rather than filling a genuine void, which complicates the question of actual usage. Karl Richter's signature as the authorizing official appears across the Wels series. The JPR1167I classification groups this 50 Heller among the confirmed issued variants, distinct from the proofs and specimens sometimes encountered from the same municipality.

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