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| 正面描述 | Yellow and black letterpress Notgeld on white paper, with a yellow guilloche border along the top edge bearing repeated numeral vignettes. The central text panel, framed by a bold black rectangular border with decorative corner devices, carries the denomination in large Gothic Fraktur script. Flanking the central panel are two industrial vignettes: to the left, a steelworks or blast furnace complex with smoking chimneys; to the right, a coal mine headframe with ancillary buildings. The lower margin bears four manuscript signatures above their printed titles, divided between the Magistrat der Stadt Hörde on the left and the Kreisausschuß des Landkreises Hörde on the right, with a stamped serial number at centre. |
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| 正面铭文 | Zehn Millionen Mark zahlen die Stadt-Amts-Spar- u. Gemeindetassen des Stadt- u. Landkreises Hörde dem Einlieferer dieses Scheines. HÖRDE, 1. SEPT. 1923 A D Magistrat der Stadt Hörde Oberbürgermeister. Beigeordneter. Kreisausschuß des Landkreises Hörde Landrat. Amtsbeigeordneter. |
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Hörde's joint municipal and rural district authority was among dozens of Ruhr-area bodies forced into emergency currency production during the hyperinflation peak of 1923. The dual issuing authority here — both the Magistrat der Stadt Hörde and the Kreisausschuß des Landkreises Hörde signing off on the same note — reflects the administrative improvisation of the period, with town and district governments pooling what limited printing resources remained locally available.
The Ruhr occupation by French and Belgian troops, which began in January 1923, severely disrupted coal and steel output in this heavily industrial corridor, accelerating the very inflation these notes were scrambling to address.