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2 Gold 1941 - AA 0000000 - MODEL - PMG 64 EPQ - FIRST NOTICE.

PMG 64 EPQ MAX - jedyny
Top Pop only one 64
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Lot description
Grade: PMG 64 EPQ help
Certificate: PMG 1916212-015 Top Pop only one 64
Reference: NIENOTOWANY

A pattern that theoretically should exist, but has not been discovered until now.

The first and only notation of the original pattern of the 1941 issue two-dollar note with zero numbering.

Miłczak notes the presence of counterfeit patterns, but on current-numbered banknotes printed in red WERTLOS (worthless) or perforated MODEL. However, using a quote from Czeslaw Miłczak's catalog, "The correct designs of the 1941 issue banknotes are unknown..."

The offered piece is, in our opinion, the first known and correct MODEL of a two-zloty note with issue date 1941. Zero numbering and perforation MODEL. The typeface of the letter AA and the numerator digits are not objectionable and are similarly positioned on the banknote field as on the 1940 issue specimens.

We are not aware of any attempts to counterfeit the zero-numbered design.

The banknote bears a PMG certificate with a PMG 64 EPQ grade.

The only piece to receive such a high grade in the PMG register.

A unique item for the best collections of occupation banknotes.

In September 1939, due to the aggression of Nazi Germany against Poland, the Bank of Poland with its Government and President evacuated outside the borders of the Second Republic. In view of the lack of cash reserves, deposits in the giro accounts of the Bank of Poland were frozen. As a result of this action, private banks and savings banks could not maintain solvency, and the population lost access to their cash deposits held in accounts.

The evacuation of the Bank caused a severe gap in the Polish economic apparatus. Consequently, as early as October 1939, the economic spheres began to demand the establishment of another issuing institution to take over the duties of the Polish Bank.

When, in November 1939, the first talks took place between representatives of the Polish economic spheres and the occupation authorities on the creation of a new issuing institution, Feliks Młynarski put forward the demand that the appearance of the graphic design of the new paper money should be similar to that of the interwar zlotys, and that there should be inscriptions only in Polish. Mlynarski also postulated that the name of the issuing institution should include the phrase "in Poland."

After the Third Reich's aggression against the Soviet Union, the Germans expanded the General Government. At that time, a second series of paper money entered circulation with an issue date of August 1, 1941. This symbolically commemorated the date Galicia was incorporated into the General Government. Of the five denominations, only the top two were affected by the redesign. The last banknote to be issued by the Emission Bank in Poland was the 100 zloty issued on August 1, 1941. There were plans to issue a denomination of 1,000 zlotys, but they did not come to fruition due to the course of hostilities.

Auction
XIV PREMIUM Auction at the Monopol Hotel ☆☆☆☆☆
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Date
28 September 2024 CEST/Warsaw
date_range
Start price
952 EUR
Grade
PMG 64 EPQ MAX - jedyny
Top Pop only one 64
Hammer price
3 286 EUR
Overbid
345%
Views: 117 | Favourites: 10
Auction

WÓJCICKI - Polski Dom Aukcyjny

XIV PREMIUM Auction at the Monopol Hotel ☆☆☆☆☆
Date
28 September 2024 CEST/Warsaw
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WÓJCICKI - Polski Dom Aukcyjny
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Salon Numizmatyczny Mateusz Wójcicki Sp. z o.o.
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