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| 正面描述 | Polychrome letterpress vignette in light salmon and blue tones divided into two architectural views of Schwaz: at left, the Gothic façade of the Franziskanerkirche with its stepped gable and arched portal; at right, the Pfarrkirche with its distinctive tower, identified by the inscription 'PFARRKIRCHE' above. The municipal arms of Schwaz — a red shield bearing a golden eagle — appear centrally between the two views. The denomination numeral '75' is printed in a dark panel at lower left, with the town monogram in a corresponding panel at lower right; the issuer inscription 'Stadt Schwaz i. Tirol' runs along the lower margin in Gothic script. The notation '5. AUFLAGE' (5th printing) appears at lower right. |
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| 正面铭文 | PFARRKIRCHE Stadt Schwaz i. Tirol 75 5. AUFLAGE |
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Schwaz, a silver-mining town in the Tirol that had once been among the largest cities in the Habsburg lands, issued this Notgeld during the catastrophic inflation that followed Austria's post-war economic collapse. These small municipal emergency notes proliferated across Austria and Germany between 1919 and 1922 precisely because the central government could not keep denominations in circulation fast enough to match currency devaluation. Schwaz's series was printed by Waner in Innsbruck, a regional firm that handled a substantial volume of Tirolean Notgeld during this period.
The 75 Heller denomination is an odd one — not a round figure, which suggests it was calculated to fill a specific gap in local transactional change rather than issued as part of a tidy set.