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1 Mark
| Issuer | Polska Krajowa Kasa Pożyczkowa (Polish State Loan Bank) |
|---|---|
| Year | 1917 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#2 |
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|---|---|
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| Reverse description | The reverse is printed in blue and red and divided into three vertical panels by ornamental guilloche borders. The left and right panels each contain an oval portrait medallion of a female figure in profile facing inward, set within intricate floral and scroll underprint work. The central panel displays a large red guilloche rosette with the numeral '1' at its centre, flanked by small '1' counters, with a serial number below; the inscription 'BILET KRAJOWEJ POLSKIEJ KASY POŻYCZKOWEJ' runs across the top and 'JEDNA MARKA POLSKA' across the bottom, both in bold letterpress on blue panels. |
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| Protection type | Underprint rosette |
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| Comments |
The Polska Krajowa Kasa Pożyczkowa was established by German occupation authorities in December 1916 as a tool to manage — and effectively extract — the economy of the Kingdom of Poland. The Mark it issued was pegged to the German Mark, a deliberate mechanism for integrating Polish resources into the German war economy. Printing locally at the S. Manitius press in Łódź rather than shipping notes from Germany was a practical wartime decision, not a gesture toward Polish monetary autonomy.
The series is notoriously prone to condition problems due to thin wartime paper stock. P#2 in particular circulated heavily in urban areas before hyperinflationary pressures made small denominations nearly worthless by the early 1920s.