1920 Furstentum Liechtenstein 50 Heller Notgeld - Rare Liechtenstein Emergency Currency - 1920 Liechtenstein Fifty Heller Note - P#3

This listing is for the photographed 1920 Furstentum Liechtenstein 50 Heller Emergency Notgeld. The banknote was used in the Municipality of Furstentum immediately following World War I as inflation raged through the defeated nation. Most other Austrian and German localities followed suit, resulting in many varied and specific Austrian "notgeld" from this time. This note displays an ornamented frame and the coat of arms underprinted in the center of the obverse. The reverse of this note displays a town scene in blue and white.  Uncirculated (UNC) grade/condition, crisp note! Excellent rare piece of history! Perfect addition to any collection!

Emergency money printed in Germany and Austria immediately after WWI is widely known as "notgeld". The two countries experienced extreme periods of inflation and economic turmoil after their loss in WWI, resulting in municipalities, towns, and state-owned firms to issue their own emergency currencies. The notgeld would be issued with an expiration date, after which they would become invalid. These historically important souvenirs from the interwar periods are an interesting find, representing WWI history and Austria's economic downfall immediately after.

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1920 Furstentum Liechtenstein 50 Heller Notgeld - Rare Liechtenstein Emergency Currency - 1920 Liechtenstein Fifty Heller Note - P#3