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50 Zlotych

Issuer Bank Polski
Year 1925
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Currency Second Zloty (1924-1949)
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Obverse description The central vignette consists of an ornate cartouche surmounted by a large numeral '50' within a guilloche medallion, flanked by two allegorical figures in intaglio — a seated female figure to the left holding agricultural implements and a standing male figure to the right — set against a teal and ochre geometric underprint. The bank monogram 'BP' appears in circular medallions at each lateral margin, with the denomination legend 'PIĘĆDZIESIĄT ZŁOTYCH' inscribed in bold letterpress within the cartouche alongside the issuer name 'Bank Polski'. Three signature lines for the Prezes Banku, Naczelny Dyrektor, and Skarbnik appear below the date inscription 'WARSZAWA D. 28 SIERPNIA 1925 R.', with the series letter and serial number printed along the lower margin.
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Reverse lettering BANK POLSKI
PIĘCDZIESIĄT ZŁOTYCH
BILETY BANKU POLSKIEGO SĄ PRAWNYM ŚRODKIEM PŁATNICZYM W POLSCE
PODRABIANIE, USIŁOWANIE PODRABIANIA, PUSZCZANIE W OBIEG LUB USIŁOWANIE PUSZCZANIA W OBIEG PODROBIONYCH BILETÓW BANKU POLSKIEGO PODLEGA KARZE CIĘŻKIEGO WIĘZIENIA
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Comments

Bank Polski was reestablished in 1924 as part of Władysław Grabski's currency reform — one of the more successful stabilization programs in interwar Europe, replacing the badly inflated Polish marka with the new złoty at a rate of 1,800,000 to one. This 1925 note belongs to the first full series issued under that reformed system, before the pressures of the Great Depression and subsequent political turbulence would force further monetary adjustments.

Printing in Warsaw rather than abroad was a deliberate assertion of institutional independence for a state only recently reconstituted after 123 years of partition. The watermark security relied on domestic papermaking capacity that was still being consolidated at the time.

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