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1 Mark
| Issuer | Polska Krajowa Kasa Pożyczkowa (Polish State Loan Bank) |
|---|---|
| Year | 1917 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | JEDNA MARKA POLSKA Rzesza Niemiecka przyjmuje odpowiedzialność za spłatę Biletów Kasy Pożyczkowej w Markach Niemieckich po cenie nominalnej. Zarząd jenerał-gubernatorstwa warszawskiego Warszawa, dn. 9go grudnia 1916 r. Kto podrabia lub fałszuje bilety krajowej Kasy Pożyczkowej, albo puszcza w obieg lub usiłuje puścić w obieg podrobione lub fałszowane bilety, podlega karze ciężkiego więzienia. (Translation: One Polish Mark / The German Reich assumes responsibility for the repayment of Loan Bank Notes in German Marks at face value. / Administration of the Warsaw General Governorate / Warsaw, 9 December 1916 / Whoever counterfeits or falsifies notes of the National Loan Bank, or puts into circulation or attempts to put into circulation counterfeited or falsified notes, is subject to the penalty of hard imprisonment.) |
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| Reverse lettering | BILET KRAJOWEJ POLSKIEJ KASY POŻYCZKOWEJ JEDNA MARKA POLSKA (Translation: Banknote of the Polish National Loan Bank / One Polish Mark) |
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| Comments |
The Polska Krajowa Kasa Pożyczkowa was established by German occupation authorities in December 1916 as a tool to manage — and effectively extract — the economy of the Kingdom of Poland. The Mark it issued was pegged to the German Mark, a deliberate mechanism for integrating Polish resources into the German war economy. Printing locally at the S. Manitius press in Łódź rather than shipping notes from Germany was a practical wartime decision, not a gesture toward Polish monetary autonomy.
The series is notoriously prone to condition problems due to thin wartime paper stock. P#2 in particular circulated heavily in urban areas before hyperinflationary pressures made small denominations nearly worthless by the early 1920s.