75 Heller Innsbruck

The Notgeld-Sammlerbund Innsbruck was not a municipality or bank but a collectors' association — one that issued its own notgeld specifically for the collector market rather than out of any genuine monetary necessity. By 1920, Austrian notgeld had become a phenomenon unto itself, with towns, guilds, and private clubs producing small-denomination notes primarily as tradeable novelties, often in limited series. The Sammlerbund model took this logic to its endpoint: the issuer was the collecting community itself.

Three named signatories — the chairman, deputy chairman, and treasurer — lend the piece an air of formal institutional authority that somewhat overstates the organization's standing.