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1 Mark

Issuer Stadt Oldenburg in Holstein
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Value 1 Mark
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Obverse description Small-format notgeld note issued by the town of Oldenburg in Holstein, with the denomination '1 Mark' set within a plain typographic layout characteristic of wartime emergency currency. The issuing authority's name and value appear as the principal text elements, framed within a simple border.
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Reverse description The reverse carries the conditions of validity and redemption terms typical of German municipal notgeld issues, with a plain text-based layout and a simple decorative border. The withdrawal date of 1 January 1922 is noted within the printed text.
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Oldenburg in Holstein — not to be confused with the far larger Duchy of Oldenburg in Lower Saxony — issued Notgeld during the First World War and its immediate aftermath when small-denomination coinage effectively vanished from circulation. These municipal emergency issues were a local solution to a national problem: the Reichsbank couldn't keep pace with the hoarding and melting of coins once the war began draining metal reserves.

Small-town Holstein issues like this one rarely appeared in large print runs, and many were redeemed promptly once coin circulation normalized, keeping surviving examples thinner on the ground than the more aggressively collected large-city issues.