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5 Zlotys German occupation

Issuer Bank Emisyjny w Polsce
Year 1940
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Currency Second Zloty (1924-1949)
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Obverse description Blue-grey note with a vignette of an elderly bearded man in a fur cap at the upper left, rendered in fine intaglio engraving. To the right, a circular guilloche frame encloses a classical female portrait bust. The denomination numeral '5' appears at all four corners, with the large letterpress inscription 'PIĘĆ ZŁOTYCH' across the upper centre and the issuer name 'BANK EMISYJNY W POLSCE' below, followed by the date and place 'KRAKÓW 1. MARCA 1940 R.' and the signature line 'PREZYDENT ZASTĘPCY PREZYDENTA'. Series letter and serial number are printed along the lower margin.
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Reverse lettering BANK EMISYJNY W POLSCE
PIĘĆ ZŁOTYCH
5
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Comments

The Bank Emisyjny w Polsce was a German-controlled issuing authority established in April 1940 specifically to replace the Bank of Poland and sever the occupied territory's monetary ties to the Polish government-in-exile in London. This note was part of the first emission under that institution — a deliberate administrative act as much as a financial one, intended to legitimize the General Government's economic control over occupied Polish territory.

The series was printed by the Polska Wytwórnia Papierów Wartościowych in Warsaw, one of the few cases in occupied Europe where the Germans retained and operated an existing state security printing facility rather than importing notes from the Reich.

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