A very rare banknote from the guilder issue. Rarer variety marked with a fractional type series.
An uncirculated piece bent through the field several times.
Banknote with beautifully preserved original printing gloss. Stiff and rusting paper.
Typologically rare, in the presented condition already definitely above average. An item worthy of advanced WMG collections.
The Free City of Danzig was established in November 1920 under the agreements of the Treaty of Versailles. The issue of the currency system was left to the decisions of the city authorities. Initially, the German mark was maintained in the area. However, as a result of rampant inflation in Germany, it was decided to establish its own currency - the guilder, which was divided into 100 fenigs. It became legal tender in late 1923 and remained until 1939. The paper money issued in Danzig featured the city's iconography.
On November 20, 1923, changing the currency from the mark to the guilder set the exchange rate at 1 guilder = 750 billion marks. As the decision to change the currency was made on November 6, 1923, there was not enough time to prepare coins and banknotes. Initially, the Danzig banks established a temporary issuing institution, the Danzig Central Bank, which was to operate until March 31, 1924. It issued one-sided temporary paper money in denominations: 1, 2, 5, 10, 25 and 50 fenges and 1, 2, 5, 10, 25, 50 and 100 guilders. The money was a means of payment until April 30, 1924. After that date, they were exchanged for Bank of Danzig (Bank von Danzig) money for six months. The first guilder bills of the new Danzig issuing institution appeared in circulation in mid-March 1924. They all have the same style. Their design included the great coat of arms of the city, elements of city architecture and sculptural detail. All the guilder banknotes were printed at the British securities printer Bradbury, Wilkinson & Co. Ltd, New Malden, Surrey.
