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50 000 Marks
| Issuer | Polska Krajowa Kasa Pożyczkowa |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1917-1924) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | POLSKA KRAJOWA KASA POŻYCZKOWA 50000 MAREK POLSKICH PAŃSTWO POLSKIE BIERZE NA SIEBIE ODPOWIEDZIALNOŚĆ ZA WYMIANĘ NINIEJSZEGO BILETU NA PRZYSZŁĄ WALUTĘ POLSKĄ WEDŁUG STOSUNKU, KTÓRY DLA MAREK POLSKICH UCHWALI SEJM USTAWODAWCZY WARSZAWA, DNIA 10. PAŹDZIERNIKA 1922 ROKU DYREKCJA POLSKIEJ KRAJOWEJ KASY POŻYCZKOWEJ SKARBNIK GŁÓWNY PIĘĆDZIESIĄT TYSIĘCY |
| Reverse description | Log in to see details |
| Reverse lettering | POLSKA KRAJOWA KASA POŻYCZKOWA PIĘĆDZIESIĄT TYSIĘCY MAREK POLSKICH 50000 KTO PODRABIA LUB FAŁSZUJE BILETY POLSKIEJ KRAJOWEJ KASY POŻYCZKOWEJ ALBO PUSZCZA W OBIEG LUB USIŁUJE PUŚCIĆ W OBIEG PODROBIONE LUB FAŁSZOWANE BILETY, PODLEGA KARZE CIĘŻKIEGO WIĘZIENIA |
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| Comments |
The Polska Krajowa Kasa Pożyczkowa — the Polish State Loan Bank — was a creature of the German occupation administration, established in 1916 to replace Russian currency in the occupied territories. By 1922, it was still issuing notes, but Poland's hyperinflationary spiral was already making large denominations obsolete almost as fast as they could be printed. A 50,000 Mark note that would have been a substantial sum in 1920 was worth next to nothing by mid-1923.
The series was printed domestically in Warsaw, a deliberate assertion of printing independence from the foreign contractors Poland had relied on in the immediate post-independence years.