75 Pfennig

Beverstedt is a small market settlement — a Flecken — in Lower Saxony, and like hundreds of similarly modest German communities in 1922, it issued its own emergency paper currency as hyperinflation gutted the Reichsmark's purchasing power. The Notgeld program allowed municipal and local authorities to fill the coin shortage left by wartime metal requisitioning, and by 1922 the practice had evolved into a minor collecting craze, with some issues deliberately printed in short runs to sell to hobbyists rather than to circulate.

The single signature — Hölling — almost certainly represents a local administrative signatory rather than a bank official. The DeNG reference grouping of three variants (98.1–3) suggests the series was issued across multiple designs or dates under the same authorization.