75 Heller Oberalm

Austrian municipal notgeld at its most local — Oberalm is a small market community in Salzburg province, and like hundreds of similar parishes it began issuing small-denomination paper in 1920 to address the chronic coin shortage that had plagued Austria since the war years. The 75 Heller value is slightly unusual within the notgeld denominations favored by Salzburg-area communes, most of which clustered around 10, 20, and 50 Heller.

These pieces were printed in very limited quantities for purely local use and were rarely accepted even one village over.