AUSTRIA (1920) 50 Heller NOTGELD – AUSTRIAN Post WW1 WWI Banknote Currency

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Seller: Top-Rated Plus Seller athenanotes ✉️ (391) 100%, Location: Atlanta, Georgia, US, Ships to: US, BM, CA, GL, MX, Item: 186212334930 AUSTRIA (1920) 50 Heller NOTGELD – AUSTRIAN Post WW1 WWI Banknote Currency.

Austrian Heller Notgeld refers to emergency currency that was issued by various Austrian municipalities and regions during the period of hyperinflation in Austria, which occurred after World War I and lasted until the mid-1920s. Like the German Heller Notgeld, the Austrian version was also intended to serve as a substitute for the rapidly depreciating official currency, the Austrian crown.

The Austrian Heller Notgeld was issued in small denominations and often featured intricate designs and colorful images. Some notes featured local landmarks, historical figures, or other regional themes. The denominations of the Austrian Heller Notgeld varied widely, ranging from fractions of a Heller to several thousand Hellers.

As with the German Heller Notgeld, the Austrian version was not legal tender but was widely accepted by local businesses and individuals as a means of exchange. However, the value of the Heller Notgeld was highly unstable, and prices could change rapidly, sometimes several times a day.

Today, the Austrian Heller Notgeld is collected as a historical artifact and serves as a reminder of the economic challenges that Austria faced during the period of hyperinflation in the early 20th century.

  • Condition: Tiny Note - Fine
  • Circulated/Uncirculated: Circulated
  • Modification Description: Emergency Issue Banknote
  • Type: Notgeld
  • Year: 1920
  • Country: Austria
  • Grade: Ungraded
  • Country/Region of Manufacture: Austria
  • Certification: Uncertified
  • Modified Item: No

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