100 years of Bank Polski SA 100 years of Putting the Zloty [1]
100th Anniversary of Putting the Zloty into Circulation
Face value: 1 pln
Alloy: 999/1000 Ag
Dimensions: 40x40 mm
Weight: 28.28 g
Finish: proof
Mintage: 10000 pcs
On the edge: smooth
Additional: selective gilding
Date of issue: 2024-04-25
Issue price: 400 pln
Designer: Urszula Walerzak
Designer: Urszula Walerzak
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After Poland regained independence
in November 1918,
the decision was taken swiftly
to establish a new bank of issue and
introduce a new Polish currency, the
złoty. However, the effort put into
the reconstruction of the state
and the need to fight the war
on the country’s borders made
a speedy implementation of
the reforms impossible. In
addition, since the very start of its existence
the reborn Polish state had to
fight rising inflation, which morphed
into hyperinflation in the second half
of 1923. An economic crisis set in, and
the social and political situation was
very tense.
In December 1923, the Władysław
Grabski government was formed and
the cabinet faced the task of carrying
out the fiscal and currency reforms.
The Sejm (Polish ...