Catalog
| Issuer | Polska Krajowa Kasa Pożyczkowa (Polish National Loan Bank) |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | 5000 Marks (5000 Marek) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | PIĘĆ TYSIĘCY 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 7 LUTEGO 1920 ROKU DYREKCJA POLSKIEJ KRAJOWEJ KASY POŻYCZKOWEJ POLSKA KRAJOWA KASA POŻYCZKOWA (Translation: Five thousand Polish marks The polish state takes responsibility for exchanging this note into the future polish currency at a rate that the Polish legislative Sejm will enact. Warsaw, 7th February 1920 Management of the `Polska Krajowa Kasa Pożyczkowa` (Polish national loan bank) Polish national loan bank) |
| Reverse description | Log in to see details |
| Reverse lettering | KTO PODRABIA LUB FAŁSZUJE BILETY POLSKIEJ KRAJOWEJ KASY POŻYCZKOWEJ ALBO PUSZCZA W OBIEG LUB USIŁUJE PUŚCIĆ W OBIEG PODROBIONE LUB FAŁSZYWE BILETY, PODLEGA KARZE CIĘŻKIEGO WIĘZIENIA. (Translation: Anyone who replicates or forges the notes of the Polish State Loan Bank or puts or tries to put replicated or fake notes into circulation is subject to a punishment of a heavy prison sentence.) |
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| Comments |
The Polska Krajowa Kasa Pożyczkowa was a German-established institution, created during the occupation of Polish territories in 1916 to issue a parallel currency — the marka polska — that would displace Russian rubles without granting Poles genuine monetary control. By 1920, the institution was operating under the newly independent Polish state, but the inflationary pressures of the Polish-Soviet War were already eroding the marka's value at pace. This 5000 Marks note belongs to the high-denomination emergency issues that proliferated as purchasing power collapsed.
The series was printed domestically under difficult conditions, and paper quality across P#31 examples varies considerably as a result.