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100 000 Marks
| Issuer | Polska Krajowa Kasa Pożyczkowa |
|---|---|
| Year | 1923 |
| Type | Standard circulation banknote |
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| Obverse description | Brown intaglio-printed note with an elaborate guilloche border framing the entire design. Two large circular rosette vignettes flank a central text block bearing the denomination "STO TYSIĘCY MAREK POLSKICH" and the redemption pledge of the Polish State, with the numeral "100000" inscribed within each rosette. The issuer's title "POLSKA KRAJOWA KASA POŻYCZKOWA" runs along the top, the Warsaw date line and directorate inscription appear below centre, and three facsimile signatures are printed at the foot alongside the serial number repeated at left and right. |
|---|---|
| Obverse lettering | POLSKA KRAJOWA KASA POŻYCZKOWA STO TYSIĘCY MAREK POLSKICH 100000 WARSZAWA, DNIA 30. SIERPNIA 1923 ROKU DYREKCJA POLSKIEJ KRAJOWEJ KASY POŻYCZKOWEJ 100000 PAŃSTWO POLSKIE BIERZE NA SIEBIE ODPOWIEDZIALNOŚĆ ZA WYMIANĘ NINIEJSZEGO BILETU NA PRZYSZŁĄ WALUTĘ POLSKĄ WEDŁUG STOSUNKU KTÓRY DLA MAREK POLSKICH UCHWALI WŁADZA USTAWODAWCZE. |
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| Comments |
The Polska Krajowa Kasa Pożyczkowa — the Polish State Loan Bank — was not a central bank in any orthodox sense but a wartime financial instrument established under German occupation in 1916 to manage currency in the occupied Polish territories. It outlasted its origins considerably, continuing to issue marks well into the early 1920s as Poland struggled to assert monetary independence while hyperinflation gutted the denomination's purchasing power.
By the time this 100,000 Mark note was printed in 1923, the mark had collapsed so severely that the denomination was already near worthless. The zloty reform of 1924 terminated the series entirely, with 1,800,000 Polish marks converted to a single new zloty.