50 Heller Würnsdorf

Würnsdorf is a small municipality in Upper Austria, and this 50 Heller note is a product of the notgeld wave that swept through Austrian communes after the collapse of the Habsburg monarchy left the new republic's monetary system badly disrupted. Small-denomination coin virtually vanished from circulation by 1919–1920, hoarded or simply absent, forcing thousands of municipalities to print their own emergency issues. The printer here, Giesser Druckanstalt, handled a number of regional Austrian notgeld commissions during this period.

Signatories Josef Berger and Ludwig Rameder were almost certainly local municipal officials rather than banking figures — standard practice for commune-issued scrip, where civic authority substituted for institutional backing.