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| 背面描述 | The upper two-thirds of the reverse carry a horizontal vignette in blue and gold tones depicting the industrial silhouette of Flensburg harbour, with harbour cranes, factory chimneys, and waterfront buildings reflected in stylised blue wave lines representing the Flensburg Firth. The lower register is divided into three panels: two flanking oval cartouches in red and black bearing the numeral '50' and the legend 'Pfennig', and a central panel displaying the coloured arms of Flensburg — a castle tower in red and yellow with a triangular red charge — set against a wavy blue field. The artist's name 'Holtz' is inscribed in the upper left corner. |
| 背面铭文 | 50 Pfennig 50 Pfennig Holtz |
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Flensburg in 1919 was not an ordinary German city. It sat at the center of the Schleswig plebiscite question — the postwar referendum process that would eventually, in March 1920, split the duchy between Germany and Denmark. The political uncertainty was intense enough that local commerce could not wait on Berlin for small-change relief, hence this note.
Gebh. & Kunze were a local Flensburg firm, which was uncommon — most Notgeld issuers sent work to Leipzig or Berlin printers. The designer Holtz is presumably local as well, though no wider attribution has been established.