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300 000 Zlotys Lillehammer 1994

Issuer National Bank of Poland
Year 1993
Type Non-circulating coin
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Mint Mint of Poland (Mennica Polska), Warsaw, Poland (1766-date)
Mintage 1993 MW - Proof - 20,000
Additional information

Poland's 1994 Lillehammer Winter Olympics commemorative series was issued during a turbulent monetary moment — the country was in the final stretch of post-communist hyperinflation, and the 300,000 złoty denomination, while face value on paper, was essentially fictional as spending money. The National Bank of Poland issued these not for circulation but squarely at the collector export market, a hard-currency revenue strategy the NBP leaned on heavily throughout the early 1990s.

Within two years of this coin's striking, the entire denomination structure it belonged to was abolished. The 1995 redenomination wiped four zeros, making 300,000 old złotych equal to 30 new groszy.

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