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50 000 Zlotys

Issuer Narodowy Bank Polski (National Bank of Poland)
Year 1989
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Printer Polish Security Printing Works (Polska Wytwórnia Papierów Wartościowych S.A.), Warsaw, Poland, Poland (1919-date)
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Obverse lettering POLSKA RZECZPOSPOLITA LUDOWA
50000
PIĘĆDZIESIĄT TYSIĘCY ZŁOTYCH
WARSZAWA, 1 GRUDNIA 1989 R.
PREZES NARODOWEGO BANKU POLSKIEGO
GŁÓWNY SKARBNIK NARODOWEGO BANKU POLSKIEGO
STANISŁAW STASZIC
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Reverse lettering NARODOWY BANK POLSKI
50000
PIĘĆDZIESIĄT TYSIĘCY ZŁOTYCH
WARSZAWA PAŁAC STASZICA
BANKNOTY EMITOWANE PRZEZ NARODOWY BANK POLSKI SĄ PRAWNYM ŚRODKIEM PŁATNICZYM W POLSCE
NBP
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Comments

By 1989, Polish inflation was accelerating toward the hyperinflationary peak that would follow in 1990, and denominations like this 50,000 złoty note were a direct symptom — a face value that would have been unthinkable a decade earlier. The Narodowy Bank Polski had been issuing progressively larger denominations throughout the 1980s as the communist government's price controls collapsed under the weight of unsustainable subsidies and foreign debt.

Printed domestically by PWPW in Warsaw, the series avoided the foreign printing contracts Poland had occasionally used in earlier decades. The security thread runs vertically and is visible under transmitted light — a relatively modest feature for the period, though consistent with the broader PWPW output of the late communist era.

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