99 Heller Oberalm

Austrian municipal notgeld, issued by the Gemeinde Oberalm in the Salzburg region during the post-WWI currency crisis that forced hundreds of small communities to print their own fractional notes. The federal government was unable to supply adequate small-denomination coinage, so municipalities, businesses, and even individual estates issued their own emergency money — legally tolerated, locally redeemed, and wildly varied in quality and design.

The Jaksch/Pick reference places this in the well-documented Austrian notgeld corpus, but Oberalm was a small parish community, and its issues were printed in modest quantities. Low survival rates for the lower Heller denominations are common across the Salzburg municipal series.