20 Heller Brandenberg

Brandenberg is a small Tyrolean village in the Inn Valley — the kind of municipality that would never have issued its own currency under normal circumstances. This Heller note exists because Austria's small-denomination coinage essentially vanished from circulation during World War I, hoarded by a public that correctly anticipated worse to come. The response was a wave of Notgeld — emergency scrip — issued by municipalities, businesses, and institutions across the former empire, each legally responsible for its own redemption.

Wagner of Innsbruck printed for numerous Tyrolean communes during this period, making their output voluminous but generally competent. The JPR reference places this within the Jaksch catalogue of Austrian local issues.