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Poland 1929 10 Złotych Bank Polski issue with Bolesław Chrobry multitonal 10 ZŁ watermark, Pick 69, PMG 67 EPQ Superb Gem Uncirculated

Poland 1929 — 10 Złotych Issued Note (Pick 69, CM#68)

The 10 Złotych dated 20 June 1929 completed Bank Polski’s first modern post-stabilization currency series. Designed in Warsaw and printed by PWPW (Państwowa Wytwórnia Papierów Wartościowych), it brought a balanced Art-Deco neoclassical aesthetic that symbolized the Second Polish Republic’s recovery after early-1920s hyperinflation. Obverse: allegorical Industry and Agriculture flank the national arms within ornate guilloché and geometric framing. ... Read more →

PolandIssued Note192910 ZłotychPMG 67 EPQ Superb Gem Uncirculated PolandChrobry10 ZŁ watermarkPMG 67 EPQIssued NoteBank PolskiMilczak1929II RPPick 69złotychPMGSuperb Gem10 złotych10 zlotych
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Poland 1926 10 Zlotych watermarked paper with Boleslaw Chrobry 10 ZL watermark

Poland 1926 — Bank Polski 10 Zlotych Archival Watermarked Paper (Miłczak 64)

Blank paper stock prepared for the 1926 10 Zlotych issue, classified by PMG as Watermarked Paper. This piece represents the base security paper manufactured for the early interwar 10 Zł notes before the final design was printed. It bears the undated watermark reading 'Bolesław Chrobry 10 ZŁ' (Milczak type), positioned diagonally across the sheet and visible when held to light. ... Read more →

PolandArchival Watermarked Paper192610 złotychPMG Certified Archival PaperWatermarked PaperBoleslaw Chrobry WatermarkDiagonal Watermark LayoutBank PolskiSecurity Paper ProductionWatermark StandardizationInterwar Printing ProcessSecond Polish Republic CurrencyUnissued IssueInterwar Polish BanknotesPoland192610 ZlotychPick 65Milczak 64PMG 1922053-018Museum GradeR8 Extremely Rare
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Poland 1919 (ND 1924) 100 Złotych, Pick 57, PMG 58 EPQ

Poland 1919 (ND 1924) — 100 Złotych Issued Note (Pick 57)

100 Złotych dated 28 February 1919, part of the first złoty issue commissioned by the newly reborn Republic of Poland. Printed by Waterlow & Sons in London, this landmark series replaced the chaotic wartime mark with a stable national currency, reinforcing sovereignty after more than a century of partitions. The obverse features Tadeusz Kościuszko, hero of both Poland and the American Revolution, whose portrait was chosen to embody sacrifice, unity, and independence. ... Read more →

PolandIssued Note1919100 ZłotychPMG 58 EPQ Choice About Unc PolandPick 57Issued NoteBank PolskiEPQFirst Zloty IssueWaterlowbanknotWaterlow & Sons100 zlotychMilczakKosciuszkozlotychII RP1919PMG 58 EPQMuseum GradeR7 Extremely Rare
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Poland 1919 1 Złoty, Radar Serial 070070, PMG 66 EPQ Top Pop

Poland 1919 (ND 1924) — 1 Złoty Issued Note Radar Serial 070070 (Pick 51)

The 1 złoty of 28 February 1919, printed in London by Waterlow & Sons, stands as the inaugural złoty of the reborn Republic of Poland following independence in 1918. It was the lowest denomination of the reform series and among the most widely used, yet it carried enormous symbolic weight: the obverse bears the portrait of Tadeusz Kościuszko, national hero of both Poland and the American Revolution, surrounded by intricate guilloches and the bold legend 'Bank Polski.' Kościuszko’s inclusion underscored the continuity of national identity after more than a century of partitions. This example is further distinguished by its serial number: a radar repeater, 070070 (Series S.26 C), a pattern highly prized by collectors for its symmetry and rarity. ... Read more →

PolandIssued Note19191 ZłotyPMG 66 EPQ (Top Pop) Bank PolskiEPQPMG 66 EPQFirst Zloty IssueWaterlowbanknotRadar SerialWaterlow & SonsPolskaPolandzlotyMilczakmiedzywojnieKosciuszkozlotychPick 51Issued NoteII RPTop Pop1919
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Poland 1919 1 Złoty WZÓR „Bez wartości”, PMG 40 EPQ

Poland 1919 — 1 Złoty WZÓR „Bez wartości” (Pick 51s)

Specimen of the 1 złoty from the 1919 reform issue, printed by Waterlow & Sons in London and featuring the same Kościuszko portrait as the circulating note. Series S.36 B. This official specimen carries the full set of trial cancellations: diagonal red overprint 'WZÓR.' (with dot) between parallel lines, 'Bez wartości' twice on each side, and two vertical perforations. ... Read more →

PolandSpecimen19191 ZłotyPMG 40 EPQ EPQPolandSpecimenRed Overprintwzor akceptacyjnywzor akceptacyjny bez nadrukówII RPBez wartoscibanknotMilczakzlotyPick 51sPick 51Bank PolskiWaterlowegzemplarz probnyKosciuszkoWZORFirst Zloty IssueWaterlow & Sonsmiedzywojniezlotych1919
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Poland 1919 1000 Złotych, Unissued, PMG 63 EPQ

Poland 1919 — 1000 Złotych Unissued Note (Pick 59a)

The 1000 złotych of the 1919 reform series, printed by Waterlow & Sons in London, is one of the largest and most ornate denominations prepared for the new złoty. Intended as part of the first złoty issue of the Second Republic, it was never officially released into circulation in 1924 due to its very high value. Some researchers suggest that a portion of the stock may have been used informally during the September Campaign of 1939 to pay Polish military officers, though no formal documentation confirms this. ... Read more →

PolandUnissued Note19191000 ZłotychPMG 63 EPQ EPQPolskaPolandII RPbanknotMilczakzlotyUnissued Noteemisja niewprowadzonaBank Polskiniewprowadzona emisjaSecond RepublicWaterlowKosciuszkoWaterlow & SonsmiedzywojniePick 59azlotychniewprowadzonanieobiegowy1919
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Poland 1940 10 Złotych Printing Remnants, forgery workshop underprint, PMG descriptive holder

Poland 1940 — 10 Złotych Printing Remnants Forgery Workshop Underprint (Miłczak 94)

Fascinating semi-finished product from a wartime forgery workshop, connected with the 10 złotych 1940 issue (Miłczak 94). The piece is printed only with the underprint of the obverse design — background guilloches and the female allegorical portrait at left — without the main face value, overprints, or full intaglio elements. Trimmed to the correct banknote format, it represents an intermediate stage in the counterfeiting process. ... Read more →

PolandContemporary Counterfeit194010 złotychPMG Holdered (Descriptive, no numeric grade) Polandfragment arkuszaUnderprintPolskaForgeryII wojna swiatowaokupacja niemieckaGeneralne GubernatorstwoOccupation IssueWartime ForgerybanknotMilczakzlotyWorkshopWorld War IIWWIICounterfeitContemporary Counterfeit1940falszerstwoPrinting RemnantsBank EmisyjnyMilczak 94bez wartoscifalszerstwo dywersyjneokupacjamakulaturawzorzlotych10 złotych10 zlotychniedokonczony druk
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Poland 1940 500 Złotych Series A with counterfeit numbering link, PMG 15

Poland 1940 — 500 Złotych, Series A with Counterfeit Numbering (Pick 98a)

Original 500 złotych note of 1 March 1940 issued by the Bank Emisyjny w Polsce, Series A, with numbering that falls into the ranges later associated with diversionary forgeries. This note is genuine, but its serial begins within the counterfeit sequences (12xxxxx and 13xxxxx), making it an extremely rare survivor of the group later ordered withdrawn. During the German occupation, large numbers of forged 500 złotych notes were introduced into circulation as part of diversionary sabotage. ... Read more →

PolandIssued Note with Counterfeit Link1940500 ZłotychPMG 15 Choice Fine Poland500 ZlotychPolskaII wojna swiatowaokupacja niemieckaMilczak 98aGeneralne Gubernatorstwofalszerstwo londynskiePick 98aOccupation IssuebanknotMilczakzlotyWorld War IIWWII1940falszerstwoBank Emisyjnyfalszerstwo dywersyjneSeries AokupacjadywersyjnefalsyfikatzlotychCounterfeit Numbering
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Poland 1941 1 Złoty uncut sheet of 3 notes with serial numbers and red cancellation mark, PMG 55

Poland 1941 — 1 Złoty, Uncut Sheet of 3 Notes with Serial Numbers (Pick 99b)

Uncut sheet of three 1 Złoty notes printed by the Emission Bank in 1941, Series BE. Each note bears its complete serial number sequence — a rare feature for surviving production materials from the wartime period. Two perforation control holes and a red diagonal cancellation mark across the center indicate withdrawal during the printer’s inspection phase. ... Read more →

PolandUncut Sheet19411 ZłotyPMG 55 About Uncirculated PolandPolskaEmission BankBank EmisyjnyGeneral GovernmentGeneralne GubernatorstwoWWIIWorld War II1941Pick 99bMilczakUncut SheetUncut Sheet of 3 NotesPrinter’s Materialzlotybanknotokupacja niemieckadrukarniaarkusz drukarski
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Poland 1933 — 25 Złotych Investment Fund Voucher, Series I, PMG 55 EPQ

Poland 1933 — 25 Złotych Investment Fund Voucher, Series I Bon Funduszu Inwestycyjnego (Lucow 732)

Investment Fund Voucher for 25 złotych, dated 1 December 1933 and issued by the Ministry of the Treasury of the Second Republic of Poland. Series I, with an especially attractive serial number 38888*. Certified PMG 55 EPQ, confirming original paper quality and freshness. ... Read more →

PolandInvestment Fund Voucher193325 ZłotychPMG 55 EPQ About Uncirculated Bon Funduszu InwestycyjnegoLucow 732Bank PolskiSecond RepublicbanknotPolskaPolandMilczakBykowski 25zlotymiedzywojniezlotychII RPMazur E.33Moczydlowski B63Investment Voucher1933
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Poland 1940 20 Złotych Series N, WWII London Counterfeit, PMG 64

Poland 1940 — 20 Złotych, Series N WWII London Counterfeit (Pick 95b)

20 złotych dated 1 March 1940, issued under the Bank Emisyjny w Polsce during the German occupation, here from Series N — a rarer subtype known as the 'WWII London Counterfeit' (LC). This variety is recognized by its distinct olive-toned underprint, setting it apart from the more common genuine emissions. PMG has described this piece as a diversionary counterfeit, aligning it with the series of clandestine productions created to destabilize the wartime Polish economy. ... Read more →

PolandContemporary Counterfeit194020 ZłotychPMG 64 Choice Uncirculated PolskaPolandII wojna swiatowaokupacja niemieckaMilczak 95bGeneralne Gubernatorstwofalszerstwo londynskiebanknotMilczakLondon CounterfeitzlotyWorld War IIWWIICounterfeitContemporary Counterfeit1940falszerstwoBank Emisyjnybez wartoscifalszerstwo dywersyjneokupacjawzorPick 95bSeries Ndywersyjnezlotychfalsyfikat
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Poland 1940 500 Złotych Series B, unfinished print fragment with partial obverse and full reverse, PMG holdered

Poland 1940 — 500 Złotych Series B Unfinished Print Fragment (Pick 98)

Unfinished print fragment of the 500 złotych issue dated 1 March 1940, produced for the Bank Emisyjny w Polsce under German occupation. Cut from a printer’s sheet, this piece is classed as 'makulatura' (waste print) in printing terminology, representing a rare survival of the production process. The obverse carries only two layers of underprint with a double application of series and serial number, but lacks the steel-engraved main design. ... Read more →

PolandPrinting Remnant1940500 ZłotychPMG Holdered (Descriptive, no numeric grade) Milczak 98fragment arkusza500 ZlotychPolskaPolandII wojna swiatowaokupacja niemieckaPick 98Generalne Gubernatorstwoarkusz drukarskibanknotMilczakzlotyWorld War IIWWII1940Unfinished PrintBank EmisyjnyEmission BankPrinting Remnantokupacjapolproduktmakulaturazlotychniedokończony druk
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