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Auction: 25100 - World Banknotes - e-Auction
Lot: 660

(x) Bank Polski, Poland, specimen 50 Zlotych, 15th August 1939, serial number A000000 4,

in 1939, following the invasion of Poland by Germany on September 1st and the subsequent occupation by both Germany and the Soviet Union, the Polish government was forced to flee the country. This led to the establishment of the Polish Government-in-Exile, initially based in Paris, France, and later moved to Angers before relocating to London after the fall of France in 1940. Despite being displaced, the government sought to maintain continuity and assert its legitimacy as the rightful authority of Poland, even while operating outside its borders.

One significant aspect of this effort was the issuance of banknotes by the Polish Government-in-Exile. These banknotes were prepared by the Bank of Poland (Bank Polski) as a means to symbolize the continuation of Polish sovereignty and to potentially serve as legal tender for Polish forces and citizens abroad, as well as in anticipation of an eventual return to a liberated Poland. The banknotes were designed and printed during the early stages of World War II, with the ones presented here dated as early as 15th August 1939-just before the invasion-though many were not circulated due to the rapid occupation of Poland.

These notes carried the legal notice: "Banknotes of Bank of Poland are legal tender in Poland," reflecting the exiled government's assertion of authority. However, due to the occupation, these notes were never widely issued or used within Poland itself. Instead, they became a poignant symbol of resistance and hope for a free Poland.

The production of these banknotes was part of a broader strategy by the government-in-exile to maintain Polish identity and economic autonomy. They were printed in the United Kingdom where the government eventually established its base.

While these notes had limited practical use during the war-since Poland was under foreign control-they served a purpose of reinforcing the exiled government's claim to legitimacy and its commitment to restoring Polish independence.

The Polish Government-in-Exile, led initially by President Wladyslaw Raczkiewicz and Prime Minister Wladyslaw Sikorski, operated until the end of the war and beyond. The banknotes from 1939 remain a historical artifact, reflecting the resilience of a nation determined to preserve its identity in the face of overwhelming adversity. Today, they offer a glimpse into a turbulent chapter of Polish history,

(Pick 84s), in PMG holder 64 Choice Uncirculated, previously mounted, incredible and rare

Subject to 5% tax on Hammer Price in addition to 20% VAT on Buyer’s Premium.

Estimate

Starting price
£1600