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50 Marks

Issuer Polska Krajowa Kasa Pożyczkowa (Polish State Loan Bank)
Year 1916
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Value 50 Marks (50 Marek)
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Obverse lettering 50 MAREK POLSKICH
Rzesza Niemiecka przyjmuje odpowiedzialność za spłatę Biletów Kasy Pożyczkowej w Markach Niemieckich po cenie nominalnej.
Zarząd jenerał-gubernatorstwa warszawskiego
Warszawa, dn. 9go grudnia 1916 r.
Kto podrabia lub fałszuje bilety krajowej Kasy Pożyczkowej, albo puszcza w obieg lub usiłuje puścić w obieg podrobione lub fałszowane bilety, podlega karze ciężkiego więzienia.
1917
Reverse description Printed in dark green on a pink and pale green guilloche underprint, the reverse is divided into two symmetrical halves, each bearing an oval vignette portrait of a veiled female figure set within intricate lathe-work borders. The upper portion carries the issuer's title in bold letterpress across an arched guilloche band, while the lower register displays the denomination in words flanking a large numeral "50" at centre. Elaborate foliate and arabesque guilloche panels fill the intervening space, and a serial number is printed in black across the central field.
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Comments

The Polska Krajowa Kasa Pożyczkowa was established under German military occupation in December 1916 as the issuing authority for a new Polish currency — the marka — intended to replace the Russian ruble in the occupied territories. It was a political instrument as much as a financial one, designed to detach the local economy from Russian monetary structures while stopping well short of genuine Polish fiscal independence.

Printing at the S. Manitius press in Łódź rather than in Germany was a deliberate logistical choice given wartime conditions. Manitius was a known commercial printer, not a security printing specialist, and the notes from this series reflect that — they lack the intaglio depth of contemporary Western European currency and were relatively easy to counterfeit.

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