50 000 Zlotych

By 1993, Polish inflation had been running at catastrophic rates for years — the 50,000 złoty note, once an enormous sum, had been reduced to covering little more than a bus fare. The denomination was part of a final, bloated chapter of the old złoty system before the 1995 redenomination slashed four zeros from the currency entirely, replacing 10,000 old złotych with a single new złoty.

PWPW has printed Polish banknotes continuously since its Warsaw founding in 1919, surviving the Nazi occupation — during which the facility was seized — and resuming state production after 1945. P#159 belongs to the last generation of notes the redenomination rendered obsolete overnight.