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90 Heller Schwaz
| Issuer | Stadt Schwaz (City of Schwaz) |
|---|---|
| Year | 1921 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | Die Stadt Schwaz in Tirol haftet mit ihrem Vermögen für die Einlösung dieses Scheines über 90 Heller bis 31. Jänner 1921. Der Bürgermeister: Thöll Der Stadtkämmerer: Der Geldwart: Tirol deutsch u. ungeteilt! WAGNER, INNSBRUCK. |
| Reverse description | A detailed panoramic townscape vignette of Schwaz in Tirol as it appeared circa 1550 occupies the central field, with mountains rising in the background and a river in the foreground. The denomination "90" appears in large numerals at upper left and upper right within a dark ornamental border of foliage and berries, and coloured flags are visible at the upper centre. Two scroll banners at left and right carry verse inscriptions, while at the lower centre a ribbon scroll bears the legend "Schwaz in Tirol i. J. 1550"; the mining town's heraldic shield with crossed hammers appears at lower left and the Tyrolean eagle shield at lower right. The notation "4. AUFLAGE" (4th edition) is printed at the lower left margin. |
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| Comments |
Schwaz, once the silver-mining capital of Europe and a key financier of Habsburg expansion, was reduced by 1921 to printing ninety-heller emergency notes on paper. This is Notgeld — the small-denomination scrip that flooded Austria and Germany during the postwar inflationary spiral, when coinage disappeared from circulation almost entirely and municipalities were left to fill the gap themselves.
Wagner of Innsbruck handled a large volume of Tyrolean Notgeld commissions in this period, producing notes for dozens of small towns under similar economic duress. The 90-Heller denomination is slightly unusual — most issues clustered at round figures — suggesting Schwaz was calibrating to a specific local pricing need.