Watch List notes:

Deutsche Reichsbanknoten 1874-1945 500 Millionen Mark, 1. September 1923, Wz. Hakensterne, KN 5-stellig grün, ohne Fasereinlage, FZ HS braun. Rosenberg 109g, Erhaltung II.
Banknotes of the Bank of the German Empire 1874-19 500 millions Mark, 1. September 1923, watermark hook stars, KN 5-digit green, without fibre core, FZ manuscript brown. Rosenberg 109 g, condition II.