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500 Złotych

Issuer Polish National Treasury (Insurekcja Kościuszkowska)
Year 1794
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Currency Złoty (1794-1815)
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Obverse description The obverse is printed in reddish-brown ink on plain cream paper, with a simple typeset border framing the entire face. At the top, the issuing authority and date decree are printed in letterpress script, followed by the denomination '500' in large numerals at the upper left alongside the word 'PIĘCSET' and a central vignette of the Polish eagle above crossed staffs. The body of the note carries a lengthy printed text in Polish detailing the legal authority of the note, with large ornamental letters 'B' and 'S' forming an underprint-style element across the lower half, above two manuscript signatures and a serial number.
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Reverse description The reverse is entirely plain, printed on the same reddish-pink toned cotton paper with only a simple rectangular typeset border running near the edges and faint residual impressions from the obverse text visible through the thin paper. No vignette, text, or additional design elements are present.
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Issued by the Najwyższa Rada Narodowa during the Kościuszko Uprising, this note was part of Poland's first domestically produced paper currency — printed in Warsaw while Russian forces were closing in on the city. The decision to issue paper money at all was a calculated gamble: the insurrection needed to finance an army with almost no metallic reserve, and the treasury was functionally empty when the notes were authorized in August 1794.

The uprising collapsed in October 1794 with Kościuszko's defeat at Maciejowice and the subsequent slaughter at Praga. Most circulating notes became worthless within weeks of issue, though the higher denominations like this 500 Złotych saw limited commercial use even during the rebellion — public confidence in paper at this value was never strong.

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