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50 Heller Windischgarsten

Issuer Marktgemeinde Windischgarsten (Market Municipality of Windischgarsten)
Year 1920
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Value 50 Hellers (0.50)
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Obverse description Cream-coloured Notgeld note printed in dark red and green, with a fine guilloche border running the full perimeter. Two circular green vignettes bearing the numeral '50' are positioned at the left and right, flanking a central watermark-style coat of arms in pale ochre underprint. The issuer's name in Gothic blackletter script appears at the top, with the denomination 'Fünfzig Heller' in large ornate calligraphic lettering across the centre. A three-line legal liability text, the year '1920' in a decorative cartouche, and the Bürgermeister's manuscript signature appear in the lower portion.
Obverse lettering Gutscheine der Marktgemeinde Windischgarsten
Fünfzig Heller
Die Marktgemeinde Windischgarsten hastet für die Verbindlichkeit diesen Schein in gesetzlichem Bargelde einzulösen, mit ihrem gesamten Vermögen.
Die Nachahmung wird gesetzlich bestraft
Der Bürgermeister
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Comments

Windischgarsten is a small Alpine market town in Upper Austria, and this 50 Heller note is a product of the Notgeld wave that swept Austrian municipalities between 1919 and 1921. The collapse of the Habsburg monetary system left local governments scrambling to fill the small-denomination vacuum — national coinage had effectively disappeared from circulation, hoarded or melted, and the central authorities were in no position to remedy it quickly.

Most Austrian Notgeld of this period was printed in short runs for specific local use, though by 1920 a secondary collector market had already begun distorting issuance — some municipalities printed far more than local commerce ever required.

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