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2 gold 1944 ...ow - EC - PMG 64 EPQ - RARE

PMG 64 EPQ
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Lot description Show orginal version
Grade: PMG 64 EPQ
Certificate: PMG 6012214-004
Reference: Miłczak 113a

Mandatory variant, which is much rarer for a two-zloty denomination than with a mandatory clause.

Definitely rarer variant with two uppercase series letters. Usually the only one found is marked with an uppercase and lowercase series letter.

PMG graded banknote with PMG 64 EPQ grading.

A beautifully saturated, vivid print that cuts out exquisitely on white paper, without the usual bumps that are typical of this issue.

This variety has been noted in such excellent condition only a few times over the last twenty years. A value for the best collections of the communist period and one of the most underrated varieties by collectors to acquire in bank condition.


In 1944, the Polish lands fell under Soviet influence. In 1944, after the expulsion of German troops beyond the Vistula River, the organization of a new monetary system began. In the conditions of the still ongoing war, the return of the Bank of Poland from London was impossible, and the communist authorities did not agree to maintain the activities of the Bank of Issue in Poland. At the end of August, the Central Treasury Fund was established, which issued paper zlotys with an issue date of 1944. The exchange rate of the zloty was equalized with that of the ruble. In mid-January 1945, the National Bank of Poland was established and took over the duties of the central bank. When exchanging the Polish Emission Bank's zlotys for NBP zlotys, the NBP was allowed to exchange at a ratio of 1:1 the amount of 500 zlotys for each adult.

Paper money from the first Polish post-war issue designed and printed in the "Goznak" printing house functions in the literature under the name of the so-called "Lublin series". Their issuance and the appearance of their graphic design were decided in Moscow, where they were designed by Ivan Ivanovich Dubasov, the chief graphic designer of the Moscow paper mill.

The first series introduced into circulation contained a grammatically incorrect legal clause. The grammatical errors visible on the banknotes were due to the mechanical translation of texts from Russian into Polish. The wording was corrected in the second issue of the series. The banknotes of the "Lublin series" featured graphic ornaments in the form of guilloches and floral decoration. On the obverse of each denomination was placed the annual date - 1944. Their format was not uniform and increased with the face value. The first banknotes appeared in circulation from August 26, 1944.

Auction
XII Premium Auction at the Monopol Hotel ☆☆☆☆☆
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Date
29 September 2023 CEST/Warsaw
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Start price
899 EUR
Grade
PMG 64 EPQ
Hammer price
2 139 EUR
Overbid
238%
Views: 145 | Favourites: 15
Auction

WÓJCICKI - Polski Dom Aukcyjny

XII Premium Auction at the Monopol Hotel ☆☆☆☆☆
Date
29 September 2023 CEST/Warsaw
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WÓJCICKI - Polski Dom Aukcyjny
Contact
Salon Numizmatyczny Mateusz Wójcicki Sp. z o.o.
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Zwiadowców 9
52-207 Wrocław
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+48 71 30 70 111
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