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20 Marek Polskich
| Issuer | Polska Krajowa Kasa Pożyczkowa |
|---|---|
| Year | 1919 |
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| Size | 138 x 83 mm |
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| Obverse description | Light olive-grey note with a central text panel bearing the issuing authority's name in large letterpress type, flanked by large intaglio numerals '20' on either side. A decorative vignette with scrollwork appears above the central text, which includes the guarantee clause dated 17 maja 1919 roku and the inscription 'DYREKCJA Polskiej Krajowej Kasy Pożyczkowej'. The lower portion carries the denomination 'DWADZIEŚCIA MAREK POLSKICH' in bold letters, with two manuscript signatures and a third countersignature below. |
|---|---|
| Obverse lettering | DWADZIEŚCIA BILET POLSKIEJ KRAJOWEJ KASY POŻYCZKOWEJ Państwo Polskie przyjmuje odpowiedzialność za wymianę niniejszego biletu na prawną polską walutę według stosunku, który dla obiegu Polskiej określi Sejm Ustawodawczy Warszawa, dnia 17 maja 1919 roku DYREKCJA Polskiej Krajowej Kasy Pożyczkowej DWADZIEŚCIA MAREK POLSKICH |
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| Comments |
The Polska Krajowa Kasa Pożyczkowa — the Polish State Loan Bank — was a creation of the German occupation administration, established in 1916 to issue a new currency for the occupied Polish territories and sever their financial dependence on the Russian ruble. By 1919 the occupiers were gone, but the institution and its notes carried over into the early months of the restored Polish state, which had neither the time nor the infrastructure to immediately replace them. This note is a product of that administrative gap.
Warsaw printing of the marka series is confirmed, an unusual circumstance given how recently the city had been a front-line occupation zone.