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10 Zlotys WW2 Polish Government in Exile

Issuer Bank Polski
Year 1939
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Currency Second Zloty (1924-1949)
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Obverse description Red intaglio on multicolored underprint. Right half bears a portrait of a young woman in traditional Polish folk dress with a beaded necklace and headscarf, engraved in fine detail. The upper portion carries the inscription BANK POLSKI and DZIESIĘĆ ZŁOTYCH, with the date WARSZAWA DNIA 15 SIERPNIA 1939 R. and three signature lines below; the denomination numeral 10 appears in the lower-left corner within a guilloche cartouche.
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Protection type Watermark
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Comments

Bank Polski — the pre-war central bank, not a government-in-exile creation per se — had its note plates and reserves evacuated from Poland in September 1939 as German forces advanced. This 10 Złotych was printed in London by De La Rue from those original specifications, intended to give the Polish government-in-exile a functioning currency instrument should liberation allow re-introduction. It never did, at least not in any meaningful way.

Vacek's engraving work was carried over from pre-war Warsaw production standards, which is why the note reads as entirely domestically conceived despite being a London product. Pick 82 is frequently encountered in unissued condition — large quantities remained in storage and were never released into circulation.

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