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| 正面铭文 | Notgeld der Stadt- und Landkreise Hagen (Westfalen) Fünfhundert Mark 500 zahlt die Stadthauptkasse Hagen (Westf.) dem Einlieferer dieses Scheines 1 Monat nach Aufruf in den Hagener Tageszeitungen Genehmigung zur Ausgabe dieses Notgeldes ist erteilt durch Erlass des Reichsfinanzministers v. 2. Okt. 1922 ÷ V-C-2515 ÷ Hagen (Westf.), 15. Okt. 1922 Der Oberbürgermeister Der Kreisausschuss des Landkreises Hagen (Westf.) ENTWURF: WILH. POETTER DRUCK VON W. GIRARDET |
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| 背面铭文 | 500 MARK 500 MARK POETTER |
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Hagen issued an enormous volume of notgeld in 1922 as hyperinflation outpaced the Reichsbank's ability to supply denominations large enough for ordinary transactions. The Stadt- und Landkreise — the combined urban and rural district authority — issued jointly rather than separately, an administrative arrangement that was unusual enough to warrant the combined credit line on the note itself.
W. Girardet was a Hagen-based printing firm, so the production stayed entirely local. Poetter's design work was typical of the better municipal commissions of the period — competent, regionally inflected work rather than the rushed anonymous output many smaller issuers settled for.
By late 1922, 500 Mark was already losing relevance as a meaningful denomination within weeks of printing.