Red color numbering.
Banknote in PMG grading with PMG 67 EPQ grade.
A natural piece.
Probably the highest note for the denomination presented.
On many occasions, pieces we have shipped in absolutely bank condition do not receive notes at the level of even 66 EPQ, hence the 67 EPQ note for the lowest denomination deserves additional mention.
In German-occupied countries during World War II, the Germans established ghettos intended for the Jewish population. These were segregated and fenced-off parts of cities where the Jewish population was forcibly relocated. Among the Jewish quarters created on Polish soil, the Lodz Ghetto deserves special attention. It was one of the few such places that had its own currency. Money for the Lodz ghetto was used only for internal circulation. Possession of other currency was punishable by death. It was a way of obtaining German currency and foreign currency from ghetto residents. The money was issued by the Ghetto Bank. These were banknotes with poor graphic design limited to a simple ornamental drawing. Its purpose for ghetto residents is evidenced by the two Stars of David placed on the obverse and the menorah incorporated on the reverse.