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10 000 000 Marks
| Issuer | Polska Krajowa Kasa Pożyczkowa |
|---|---|
| Year | 1923 |
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| In circulation to | 1924 |
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|---|---|
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| Reverse description | Monochrome note in olive-brown tones, with the large numeral '1000000' superimposed behind the bold central inscription 'DZIESIĘĆ MILJONÓW MAREK POLSKICH'. The issuer name 'POLSKA KRAJOWA KASA POŻYCZKOWA' runs across the top, while symmetrical ornamental guilloche cartouches flank both sides carrying the repeated denomination '10 MILJONÓW MAREK POLSKICH'. A cautionary anti-counterfeiting text panel is centred at the lower portion of the design. |
| Reverse lettering | POLSKA KRAJOWA KASA POŻYCZKOWA DZIESIĘĆ MILJONÓW MAREK POLSKICH 10 MILJONÓW 10 MILJONÓW MAREK POLSKICH KTO PODRABIA LUB FAŁSZUJE BILETY POLSKIEJ KRAJOWEJ KASY POŻYCZKOWEJ ORAZ KASY POŻYCZK W OBIEGU LUB W CELU PUSZCZENIA W OBIEG POSIADA LUB TAKOWYCH BILETÓW PODLEGA KARZE CIĘŻKIEGO WIĘZIENIA. |
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| Comments |
The Polska Krajowa Kasa Pożyczkowa — the Polish State Loan Bank — was a wartime creation of the German occupation authorities, established in 1916 to manage currency in occupied Polish territories. It survived into independence but became the instrument through which Poland absorbed one of the worst hyperinflationary collapses in interwar Europe. By early 1923, the mark had deteriorated so severely that denominations in the millions became necessary for routine transactions; this 10,000,000 mark note was itself obsolete within months of issue.
The zloty reform of 1924 replaced the marka at 1,800,000 to 1.