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20 Groszy Bilet Zdawkowy
| Issuer | Polish Ministry of Finance (Ministerstwo Skarbu) |
|---|---|
| Year | 1924 |
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| In circulation to | 31 January 1925 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BILET ZDAWKOWY 20 GROSZY RZECZPOSPOLITA POLSKA 1923 DWADZIEŚCIA GROSZY Warszawa, dnia 28 kwietnia 1924 r. MINISTER SKARBU Dyrektor Departamentu Obrotu Pieniężnego |
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| Reverse lettering | Bilety zdawkowe stanowią prawny środek płatniczy, mający moc umarzania zobowiązań do kwoty 10 złotych, przy każdej wypłacie. Kasy Skarbowe przyjmują bilety zdawkowe w każdej ilości przy wszelkich wpłatach z wyjątkiem tych wpłat, które w myśl obowiązujących przepisów winny być uiszczane w złocie. Bilety zdawkowe poczynając od dnia 1 listopada 1924 r. będą wymieniane przez Skarb Państwa na monety zdawkowe względnie bilety Banku Polskiego. Obowiązek dokonania przez Skarb Państwa wymiany ustaje z dniem 31 stycznia 1925 roku. |
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| Comments |
The Bilet Zdawkowy — literally "change ticket" — was not a banknote in the conventional sense. These small-denomination fractional notes were issued directly by the Polish Ministry of Finance to address a chronic shortage of coin during the currency stabilization period following the 1924 złoty reform, which replaced the catastrophically inflated marka at a ratio of 1,800,000 to one.
Printed domestically in Warsaw rather than abroad, as many earlier Polish issues had been, the 1924 fractional series reflects the restored state's effort to bring monetary production fully in-house. The 20 groszy denomination circulated heavily and survivors in decent shape are genuinely uncommon.