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5 Dolarów

Issuer Bank Polska Kasa Opieki S.A.
Year 1960
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Value 5 Dolarów
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Obverse description Cream-toned bon towarowy (commodity voucher) framed by a repeated guilloche-style ornamental border. At the top centre, the PKO bank monogram in dark brown appears above the letterpress inscription BON TOWAROWY, with a serial number in blue beneath; a central oval cartouche encloses the denomination $5$ in red, flanked by dollar signs, over the legend PIĘCIU DOLARÓW in brown capitals. The lower half carries fine italic text in Polish certifying the voucher's conditions of use, concluding with the issuer name Bank Polska Kasa Opieki SA and the date WARSZAWA, DNIA 1 STYCZNIA 1960 R.
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Reverse description Plain cream paper with a faint overall guilloche underprint in pale tan. A central oval medallion carries the PKO monogram in light brown, set within a lightly printed geometric rosette pattern. A vertical band of faint text runs through the centre field, and a rectangular control or validation stamp impression appears in the lower right corner.
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Bank Polska Kasa Opieki — PKO — was a state-controlled savings institution used by the Polish government as a mechanism for extracting hard currency from its own citizens. These dollar-denominated notes were not foreign exchange in any meaningful sense; they were issued to Poles who received dollar remittances from abroad, forcing conversion into PKO certificates that could only be spent at Pewex hard-currency shops. The system simultaneously captured Western money and denied citizens direct access to it.

Printing in Warsaw rather than abroad was a deliberate political choice — by the late 1950s, the PZPR had no appetite for sending currency contracts to Western printers.

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