100 years of Bank Polski SA [10]
100th Anniversary of the Establishment of Bank Polski SA
Face value: 10 pln
Alloy: 999/1000 Ag
Diameter: 32 mm
Weight: 31.1 g
Finish: proof
Mintage: 11000 pcs
On the edge: smooth
Additional: high relief
Date of issue: 2024-04-11
Issue price: 340 pln
Designer: Dominika Karpińska-Kopiec
Designer: Dominika Karpińska-Kopiec
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Article linked with this coin
The establishment of Bank Polski
SA was related to the currency
reform and the consolidation
of public finances, which were both
conducted by the Władysław Grabski
government from December 1923 to
the spring of 1924. The recovery programme
was aimed at achieving budget
stabilisation, a balanced money market
and a stable exchange rate of the
Polish mark, to be later replaced by the
złoty, a new Polish currency. Bank Polski
SA became a bank of issue, which
replaced the Polish Loan Bank, the
institution set up by the German occupant
in 1916.
The legal mandate of the bank
was laid down in the Act of 11 January
1924 on State Treasury Repair and the
Currency Reform. The Polish President
Stanisław Wojciechowski
signed the statute of Bank Polski
as ...