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| 正面铭文 | 500 STADT NEUMÜNSTER 500 GUTSCHEIN Nr. über Fünfhundert Millionen Mark Gegen Einlieferung dieses Scheines zahlt die Stadt-kasse Neumünster den Be-trag von 500.000.000 Mark. Die Wiedereinziehung erfolgt nach öffentlicher Bekanntmachung. Neumünster, den 9. August 1923. Der Magistrat. Das Stadtverordnetenkollegium. (Translation: 500 CITY OF NEUMÜNSTER 500 VOUCHER No. for Five Hundred Million Marks Upon presentation of this voucher, the Neumünster City Treasury will pay the sum of 500,000,000 Marks. Recovery will take place after public announcement. Neumünster, August 9, 1923. The Magistrate. The City Council.) |
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| 背面铭文 | 500 Stadt Neumünster 500 Millionen Mark |
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Neumünster's half-billion Mark note dates from the most violent phase of the German hyperinflation — autumn 1923, when municipal authorities across Prussia were issuing Notgeld not as novelty souvenirs but as functional emergency currency, because Reichsbank notes were arriving too slowly and depreciating too fast to cover payroll. Cities, counties, and private firms all printed their own, and the Prussian provincial administration largely looked the other way.
The official stamp is the critical authentication element here. Without it, these notes were explicitly declared invalid by the issuing city — a common condition attached to Neumünster municipal issues of this series.