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250 000 Marks
| Issuer | Polska Krajowa Kasa Pożyczkowa (Polish State Loan Bank) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1917-1924) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | POLSKA KRAJOWA KASA POŻYCZKOWA DWIESCIE PIĘĆDZIESIĄT TYSIĘCY MAREK POLSKICH 250000 WARSZAWA, DNIA 25. KWIETNIA 1923 ROKU DYREKCJA POLSKIEJ KRAJOWEJ KASY POŻYCZKOWEJ 250000 PAŃSTWO POLSKIE BIERZE NA SIEBIE ODPOWIEDZIALNOŚĆ ZA WYMIANĘ NINIEJSZEGO BILETU NA PRZYSZŁĄ WALUTĘ POLSKĄ WEDŁUG STOSUNKU KTÓRY DLA MAREK POLSKICH UCHWALI WŁADZA USTAWODAWCZE. |
| Reverse description | The reverse is printed in muted brown and grey tones, with a symmetrical composition of dense foliate scrollwork surrounding a central circular medallion bearing the Polish White Eagle on a plain ground. The denomination DWIEŚCIE PIĘĆDZIESIĄT TYSIĘCY is lettered across the upper scroll band, with the numeral 250000 repeated in two oval guilloche panels at left and right. A rectangular panel at lower centre contains the anti-counterfeiting warning text in small letterpress. |
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| Comments |
The Polska Krajowa Kasa Pożyczkowa was a wartime creation — established under German occupation in 1916 to manage currency in the territories stripped from Russian control — that outlasted its original purpose by several years. By 1923 it was issuing notes in the hundreds of thousands of marks simply to keep pace with one of the more severe hyperinflationary collapses in interwar Europe. The Polish mark lost virtually all value before stabilization; this denomination, enormous by any prewar measure, was effectively small change by the time it circulated.
The PKKP was wound up in 1924 when the złoty replaced the mark at a rate of 1,800,000 marks to one złoty.