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20 Gulden Bank Von Danzig

Issuer Bank von Danzig
Year 1932
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Value 20 Gulden
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Obverse description Central vignette of the Golden Gate (Goldenes Tor) prison tower of Danzig, rendered in fine engraved line work against a guilloche underprint in the lower portion of the note. The coat of arms of the City of Danzig is positioned in the left field. Denomination numerals appear in rectangular frames at each corner.
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Protection type Watermark
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The Bank von Danzig occupied an unusual constitutional position: it operated as the central bank of the Free City of Danzig, a nominally independent League of Nations protectorate that existed in deliberate ambiguity between German cultural identity and Polish economic interests. Poland controlled the port and customs revenue; Germany exerted enormous political pressure; the League notionally supervised everything. The Danzig Gulden, reintroduced in 1923 after hyperinflation destroyed the mark-based system, was the practical instrument through which the city tried to maintain fiscal independence from both neighbors.

Bradbury Wilkinson handled the entire Bank von Danzig note series from London. By 1932 the political situation in Danzig was deteriorating rapidly, with the NSDAP making significant electoral gains in the Free City's parliament. Notes issued this late in the series circulated into a period of acute instability that would end, within seven years, with the Danzig Gulden ceasing to exist entirely.

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