A prized, rare and sought-after banknote from the period of the Kingdom of Poland, noteworthy still denominated in zlotys.
An extremely typologically necessary item, being practically the only available denomination of an issue dated 1830. Signature of the bank's director Gluszynski.
Piece after full conservation with visible reinforcements and scoring.
Overall presentation good, almost album-like.
An item that, regardless of its state of preservation, is an ornament to the collection. A banknote sought after by collectors, always evoking a faster heartbeat due to its unusual design, which is invariably associated with rarity. An item for sightseers who appreciate banknotes with an album-like appearance.
In 1815 the Kingdom of Poland was established, united by a personal union with the Russian Empire. State separateness was abolished after the fall of the November Uprising. Only administrative separateness was retained. After the January Uprising, it too was abolished.
The idea of introducing paper money in the Kingdom of Poland appeared in 1821. In this way it was wanted to pay off the debts of the governments of the Duchy of Warsaw, which had to be settled by the Central Liquidation Commission. On April 15, 1823, Tsar Alexander I issued a decree under which he established cash tickets in Polish zlotys.
Denominations: 5, 10, 50 and 100 zlotys with the issue date of 1824 were printed at the Assignment Factory in St. Petersburg. Originally, a commission of 2% of their value was to be deducted when they were exchanged for bullion coin. In the end, it was not decided to put them into circulation. This was done only by the Bank of Poland, established in 1828.
After the opening of a bank of issue in the Kingdom of Poland, the total circulation of paper money proved too small. In addition, the tickets printed in 1824 were made on poor-quality paper and were easily damaged. For this reason, tickets with a new design were prepared with an issue date of May 1, 1830. Unlike previous issues of paper money, these tickets won full public trust. Contributing to this was the possibility of permanent and full exchange for bullion money at the bank's cash desks without deducting commissions when exchanging them.
Cash tickets from 1824 were in the form of a lying rectangle surrounded by a decorative frame. Their designs were modeled on Russian asignats. They were the first paper money printed on both sides. At the top, in the center of the frame, there is a circular field with the coat of arms of the Kingdom of Poland. In 1828, new paper money designs were created on which the White Eagle was missing. It can be found on the dry seal of the Bank of Poland as part of the coat of arms of the congressional kingdom.
After the outbreak of the November Uprising, the population hoarded bullion money, which forced the issuance of paper money of low denominations. The national government authorized the Bank of Poland to issue denominations of 1 and 2 zlotys. However, only the lower denomination with the annual date of 1831 was put into circulation. This was the only banknote of the sovereign Polish state in the 19th century.
