Denominations of 100, 50, 20, 10 and 5 marks were printed on poor quality paper. The conversion rate used was 1 mark = 1 shilling. A total of between £2,600 and £4,500 worth of notes were issued against gold and silver coins brought in to pay the Australian troops.

The opening of a branch of the Commonwealth Bank of Australia in the area in 1916 enabled a complete change to sterling and the withdrawal of both the German currency and the emergency notes. A total of only 29 notes are known to have survived.

Five Marks 1914 The note shown at right, is dated 14th October, 1914.

Notes: A full set of Rabaul Treasury banknotes, with the serial number 0001, resides in a museum in Germany. In 2000, the museum commissioned a re-print of 3,000 complete sets. The reproductions, which sold in Australia for $25 per set, were housed in individually numbered presentation folders.