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| 正面描述 | Fine textured white paper with a dark navy blue screen-printed frame and text block, retaining the original dark brown letterpress border and inscriptions of the underlying 5 Milliarden Mark note. A diagonal red overprint in the lateral margin cancels the original face value, with the new denomination of Fünfzig Milliarden applied in red diagonally across the note. Serial number printed in green, six digits. |
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| 防伪描述 | Oval pattern watermark (Keller #181) |
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| 备注 |
Rendsburg's county administration issued this overprint during the most acute phase of the 1923 hyperinflation, when the Reichsbank's central supply of emergency currency could not keep pace with the daily collapse of purchasing power. Local authorities across Germany were authorized — reluctantly, and with considerable bureaucratic friction — to produce their own Notgeld at denominations that would have been unthinkable even weeks earlier. Overprinting existing 5,000,000,000 Mark stock with a tenfold multiplier was the fastest solution available.
The watermarked paper provides one of the few security concessions in what was otherwise purely functional emergency printing.