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100 000 Zlotys

Issuer Narodowy Bank Polski (National Bank of Poland)
Year 1990
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Printer Polish Security Printing Works (Polska Wytwórnia Papierów Wartościowych S.A.), Warsaw, Poland, Poland (1919-date)
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Reverse description The central vignette presents a detailed architectural view of the Teatr Wielki (Grand Theatre) in Warsaw, rendered in intaglio with fine line engraving against a multicolour guilloche background of blue and green tones. The denomination numeral 100000 appears in bold at upper right and lower left, with a decorative foliate motif at upper right. A large cursive NBP monogram occupies the lower right field.
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Protection description Polish national eagle arms watermark
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By 1990, Polish hyperinflation had reduced purchasing power so severely that a 100,000-złoty note — unthinkable a decade earlier — was an everyday transaction instrument, barely sufficient for routine shopping. The denomination itself is the history: Poland issued notes up to 2,000,000 złotych before the 1995 redenomination struck four zeros from the currency and the entire series became obsolete overnight.

Printed domestically by PWPW, which had been producing Polish security documents since the interwar period. The watermark is the sole security feature — a spare specification for a note circulating during profound economic instability.