Catalog
| Issuer | Polska Krajowa Kasa Pożyczkowa |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 5 000 000 Marks (5 000 000 Marek) (5 000 000) |
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| Obverse description | The obverse is printed in brown on an uncoloured paper, framed by an ornate scrollwork border with foliate corner devices. At centre, a large numeral '5' vignette flanks the central text panel, which carries the denomination 'PIĘĆ MILJONÓW MAREK POLSKICH' above the issue date and the name of the issuing authority; the Polish eagle in a decorative cartouche appears at the top centre. A rectangular text box at lower centre bears a guarantee clause in Polish, and a serial number is printed at lower left. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | POLSKA KRAJOWA KASA POŻYCZKOWA PIĘĆ MILJONÓW MAREK POLSKICH 5000000 MAREK POLSKICH 5 MILJONÓW KTO PODRABI LUB FAŁSZUJE BILETY POLSKIEJ KRAJOWEJ KASY POŻYCZKOWEJ ALBO PUSZCZA W OBIEG LUB UŻYWA W OBROGU PODROBIONYCH LUB FAŁSZOWANYCH BILETÓW KARZE CIĘŻKIEGO WIĘZIENIA |
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| Comments |
The Polska Krajowa Kasa Pożyczkowa — the Polish State Loan Bank, originally established under German occupation in 1916 — was still the note-issuing authority in 1923, long after Polish independence, a transitional arrangement that persisted until Bank Polski opened its doors in April 1924. By the time this note was printed, hyperinflation had rendered lower denominations functionally worthless; the 5,000,000 Mark face value, unthinkable just two years earlier, was itself obsolete within months.
The złoty reform of 1924 converted at 1,800,000 Marks to 1 Grosz, making this note worth less than three grosze at redemption.