50 Pfennig

Heide is the administrative seat of the Dithmarschen district in Schleswig-Holstein, and like hundreds of German municipalities in 1921, it resorted to issuing its own Notgeld as the Reichsbank struggled to keep small-denomination coinage in circulation during the postwar inflation spiral. Municipal 50 Pfennig notes of this period were typically printed locally in short runs, often on whatever paper stock was available, which accounts for the wide variation in paper quality seen across surviving Heide issues.

Dithmarschen had a distinct regional identity — a formerly independent peasant republic that resisted ducal authority well into the sixteenth century — and some Notgeld series from the area leaned into that history deliberately, as local issues were increasingly used as collector bait by 1921.