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| 正面铭文 | 1 Gold Pfennig Gegen diesen Zettel zahlen wir an Herrn Karl Polenske-Berlin oder dessen Order den Betrag von 1/400 Dollar (1/4 cls) in deutschem Gelde zum Dollarschatzkurse, wenn er als Ergänzung zu einer Goldmark vorgelegt wird, andernfalls die Hälfte. Der Zettel kann vom 1.1.1924 an z. Vorlegung aufgerufen werden. Flensburger Goldmarkgesellschaft. m.b.H. |
| 背面描述 | The reverse presents the obverse text showing through the thin paper in mirror image, with no independent printed design. A rectangular violet hand-stamp is applied vertically at right, bearing the endorsement inscription in capital letters. |
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The Flensburger Goldmarkgesellschaft was a private issuing entity operating out of Flensburg during the Rentenmark stabilization period, when confidence in state-backed currency remained fragile enough that regional and commercial goldmark schemes found a genuine market. The "Gold Pfennig" denomination is exceptionally small — fractional goldmark scrip at this scale was issued by very few private entities, and Flensburg's geographic position as a border city freshly partitioned from Denmark by the 1920 plebiscite gave local commerce a particular incentive to anchor exchange in something metal-referenced.
The m.b.H. corporate structure suggests a limited-liability trading consortium rather than a bank, though the precise membership of the Gesellschaft is not widely documented.