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Danzig, 25 Pfennige 1923 - October - PMG 64

PMG 64
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Lot description
Grade: PMG 64 help
Certificate: PMG 1914253-004
Reference: Miłczak G24, Pick# 36

A rare denomination, in nice condition very rare, while in the presented state of preservation - extremely rare.

On the slab misreported literature according to Cz. Miłczak catalog.

Piece in full bank condition.

Raw grade from PMG 64, which in our opinion does not reflect the freshness and quality of the piece offered.

A natural and fresh piece with intensely preserved print color and naturally creamy paper tones.

A banknote for the finest collections of the Free City of Danzig.


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 guilder banknotes were printed at the British securities printer Bradbury, Wilkinson & Co. Ltd, New Malden, Surrey.

Auction
XIV PREMIUM Auction at the Monopol Hotel ☆☆☆☆☆
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Date
28 September 2024 CEST/Warsaw
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Start price
952 EUR
Grade
PMG 64
Hammer price
1 486 EUR
Overbid
156%
Views: 206 | Favourites: 12
Auction

WÓJCICKI - Polski Dom Aukcyjny

XIV PREMIUM Auction at the Monopol Hotel ☆☆☆☆☆
Date
28 September 2024 CEST/Warsaw
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Grade
Emisyjny stan zachowania
Banknot złamany przez pole zadrukowane
Banknot gięty przez pole zadrukowane
Banknot delikatnie ugięty przez pole zadrukowane, bez kreski pod światło
Niedoskonałości w obrębie rogów Z naruszeniem pola zadrukowanego
Niedoskonałości w obrębie rogów, ale BEZ wpływu na pole zadrukowane
Drobne nagniotki w polu
Rozdarcie na marginesie
Dziurka w polu | Drobna plamka | Pozostałość po przyklejaniu | Adnotacja
Delikatny foxing
Rozwarstwienie papieru
Egzemplarz w stanie drukarskiej świeżości
Egzemplarz naturalny
Subtelnie oczyszczony i rozprostowany.
Banknot prawdopodobnie lekko oczyszczony
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WÓJCICKI - Polski Dom Aukcyjny
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