75 heller Oberalm

Austrian municipal notgeld of this kind emerged from a genuine small-change crisis that persisted well after the armistice — coins had been hoarded or melted, and the new Republic had not yet stabilized coin production. Oberalm, a village in Salzburg province, issued this 75 Heller alongside other denominations as a purely local stopgap, valid only within the commune and redeemable in theory once federal coinage returned in adequate quantity.

The Klappacher signature almost certainly belongs to the Bürgermeister authorizing the series rather than a printer's representative. Many Salzburg-area municipalities used local printing shops for these issues, leaving attribution to specific presses difficult.