50 Pfennig - Heiligenhafen

Heiligenhafen is a small Baltic fishing port in Schleswig-Holstein, and like hundreds of German municipalities it resorted to locally issued Notgeld during the acute small-change shortages of 1917–1921. Zinc was the material of necessity — copper and nickel had been requisitioned for the war effort years earlier, leaving municipal treasuries to work with whatever the Kriegsmetallgesellschaft hadn't already claimed.

The Funck reference places this among the better-documented Holstein issues.