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| 正面描述 | Salmon-pink note with a Fraktur-script denomination '500 Millionen Mk' across the upper field, flanked left by the provincial coat of arms of Schleswig-Holstein in black and orange with a decorative geometric border column. A pink rose-engine guilloche underprint fills the background, with issue text, redemption clause dated Kiel 1. Sept. 1923, and three manuscript signatures at foot. |
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| 正面铭文 | Provinz Schleswig-Holstein 500 Millionen Mk zahlt die Landeshauptkasse in Kiel gegen diesen Gutschein dem Einlieferer Dieser Gutschein verliert einen Monat nach erfolgter Aufforderung zur Einlösung seine Gültigkeit + Kiel 1. Sept. 1923 Der Provinzialausschuß + Der Landeshauptmann |
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Schleswig-Holstein's provincial treasury — the Landeshauptkasse in Kiel — was among the regional and municipal authorities forced to issue their own emergency currency during the hyperinflation of 1923, when the Reichsbank simply could not print fast enough to meet demand. This 500-million mark note dates from the peak chaos of that autumn, when denominations that would have seemed absurd in January were already obsolete by October.
Hartung & Co. in Hamburg handled a considerable volume of Notgeld printing during this period, working under extreme turnaround pressure. Notes of this type were often issued and demonetized within weeks.