Watch List notes:

Deutsche Reichsbanknoten 1874-1945 50 Millionen Mark, 1. September 1923, Papier weiß Wz. stehende Rauten, KN 5-stellig grün, FZ BS schwarz Rosenberg 108 e/a. Ecken geknickt, etw. fleckig, Erhaltung II.
Banknotes of the Bank of the German Empire 1874-19 50 millions Mark, 1. September 1923, paper white watermark standing lozenges, KN 5-digit green, FZ BS black Rosenberg 108 e / on corners kinked, a little blotched, condition II.