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| 正面描述 | The note is divided into three vertical panels framed by a border of red diamond lozenges on a dark ground. The left panel carries the denomination numeral '60' at upper left and the full text inscription below; the central panel is occupied by a bold line-art vignette of a reclining male figure rendered in an expressionist woodcut style; the right panel bears the abbreviated denomination 'Hl', the validity date, and three manuscript signatures of the Bürgermeister, Vizebürgermeister, and Kassier. |
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| 背面铭文 | Aufstieg zur Kirche 3. AUFLAGE WAGNER INNSBRUCK. |
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Telfs is a market town in the Inn Valley west of Innsbruck, and like hundreds of Austrian municipalities in 1920, it issued Notgeld to address the catastrophic coin shortage that followed the collapse of the Habsburg economy. The 60 Heller denomination sits in the middle tier of local emergency issues — small enough to circulate for everyday transactions, large enough that hoarding was less likely than with the 10 and 20 Heller pieces.
Wagner of Innsbruck handled a considerable volume of Tyrolean municipal printing in this period, making them one of the more prolific regional printers of Austrian Notgeld.