Cooperative Banking [10]

    
    
    
    

150 Years of Cooperative Banking in Poland

Coin reverse 10 pln 150 Years of Cooperative Banking in Poland
Coin obverse 10 pln 150 Years of Cooperative Banking in Poland
Subject: no
Face value: 10 pln
Alloy: 925/1000 Ag
Diameter: 32 mm
Weight: 14.14 g
Finish: proof
Mintage: 40000 pcs
On the edge: smooth
Additional: no
Date of issue: 2012-02-23
Issue price: 96 pln
In the centre, stylised images of banknotes and coins. Above, an inscription: 1862. Below, an inscription: 2012. On the left, an inscription: BS. On the right, in semicircle, in a separate plane, stylised images of human silhouettes holding hands. Along the rim, an inscription: 150-LECIE BANKOWOŚCI SPÓŁDZIELCZEJ W POLSCE (150 years of cooperative banking in Poland). On the left, at the top and at the bottom, spatially stylised rectangles.

Designer: Dominika Karpińska-Kopiec
On the left, an image of the Eagle, established as the state emblem of the Republic of Poland. Below the Eagle, an inscription: 10 ZŁ. Above the Eagle, along the rim, the notation of the year of issue: 2012, and an inscription: RZECZPOSPOLITA POLSKA (Republic of Poland). On the right of the Eagle, a stylised image of a fragment of the building of the Cooperative Bank in Brodnica. To its right, perpendicularly, an inscription: BRODNICA. At the top and at the bottom, spatially stylised rectangles. The Mint’s mark, MW, under the Eagle, on the right.

Designer: Dominika Karpińska-Kopiec

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www.coin24.pl 62.90
www.alegan.pl 65.00
70.00
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www.monety.gdynia.pl 79.00
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www.numizmatyczny.com 80.00
www.swiat-monet.pl 80.00
93.99
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www.e-kolekcjoner.pl 119.00

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Article linked with this coin

150 years of cooperative banking in Poland

The idea of financial self-help had evolved in Poland since the 15th century. In 1577 Rev. Wawrzyniec Białobrzeski set up the Ostrołęka Cheap Loan Foundation. The 16th century also saw the formation of religious banks offering interest-free loans out of a pool of donations of the faithful and guaranteed by forfeits. At a later time charitable organisations made no-interest loans to peasants whose repayment was jointly and severally secured by farmers living in the same village.

In Poland typical credit unions began to emerge out of the need to protect interests of small farmers and artisans against competition from the large-scale capitalist industry. Financial selfhelp manifested itself, among other things, in establishing funds without any support ...

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