50 Pfennig

Plön's 1921 Notgeld issue belongs to the second wave of municipal emergency money that flooded Germany after the Reichsbank tightened coin supplies during the postwar inflation spiral. Towns and cities across Schleswig-Holstein printed their own fractional notes to keep retail trade moving when small change simply vanished from circulation.

Stadt Plön, a small administrative center on the Großer Plöner See, produced relatively modest quantities compared to larger Schleswig-Holstein municipalities. These provincial issues rarely survived in quantity — they circulated hard, were redeemed quickly once conditions stabilized, and few were preserved as collectibles the way the more decorative "Serienscheine" of the same period were.