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5 zlotych 1948

Europe › Poland
P-135 (2)1948Narodovy Bank PolskiUNC
5 zlotych 1948 from Poland, P-135 (2) (1948) — image 1
5 zlotych 1948 from Poland, P-135 (2) (1948) — image 2

About This Note

A Polish 5 złotych banknote from 1948, issued by the Narodowy Bank Polski on July 1st in the immediate post-World War II period. This uncirculated example displays the characteristic mauve and cream color scheme with exceptional preservation—no folds, creases, stains, or wear visible. The note features fine line engraving throughout with intricate guilloche patterns, the Polish eagle on the obverse, and a labor-themed industrial vignette on the reverse that reflects Poland's post-war reconstruction era.

Rarity

Common. The 5 złotych 1948 (Pick-135) was issued during Poland's post-war currency stabilization and represents standard circulation denominations from this period. While the denomination and era give it historical significance, the note was produced in substantial quantities and remains relatively available in the collector market today. The uncirculated condition grade increases desirability compared to circulated examples, but the note itself is not scarce. No evidence of limited print runs, recalls, or rarity indicators is present.

Historical Context

This note was issued during Poland's early post-WWII period under Soviet influence, when the Narodowy Bank Polski was reorganizing the nation's currency system. The reverse design prominently features workers engaged in industrial labor, symbolizing Poland's focus on reconstruction and economic recovery through socialist ideals of collective labor. The July 1, 1948 issue date places this during the critical transition period when Poland was establishing its communist economic system, making this design an important historical artifact of the era's propaganda and national messaging.

Design

The obverse features a formal, symmetrical design with the Polish eagle (Orzeł Biały) prominently displayed on the right side as a symbol of national sovereignty. The denomination '5' appears in an ornamental oval frame in the upper left, with signature lines for the President, Chief Director, and Treasurer positioned in the lower center—standard for central bank authority documentation. The reverse depicts a central vignette of workers engaged in industrial labor or construction, representing the post-war reconstruction effort and socialist ideals of collective work. This imagery was typical of 1940s Polish currency design. Ornamental guilloche patterns and decorative scrollwork frame both sides, with denomination numerals in all four corners of the reverse for anti-counterfeiting purposes.

Inscriptions

FRONT SIDE: 'Narodowy Bank Polski' (National Bank of Poland) | '5 Pięć Złotych' (5 Five Zlotych) | 'Warszawa Dnia 1 Lipca 1948 Roku' (Warsaw, July 1, 1948) | 'Prezes' (President) | 'Naczelny Dyrektor' (Chief Director) | 'Skarbnik' (Treasurer) | Serial number: 'BK 7022141' | '5 ZŁ 5' (5 zlotych, repeated for security). BACK SIDE: 'Pięć Złotych' (Five Zlotych) | 'Bilety Narodowego Banku Polskiego są Prawnym Środkiem Płatniczym w Polsce' (Banknotes of the National Bank of Poland are legal means of payment in Poland) | Denomination '5' in all four corners.

Printing Technique

Intaglio engraving (line engraving), the standard security printing method for banknote production. The fine line work, intricate guilloche patterns visible throughout both sides, and the deeply detailed central vignette are characteristic of intaglio printing. The sharp definition of all design elements and inscriptions observed in the uncirculated state confirms high-quality security printing typical of central bank note production. This note was likely produced by a Polish security printer or possibly an Eastern European state printing facility operating under Soviet standards.

Varieties

The observed serial number 'BK 7022141' indicates the BK prefix variety, which is documented for 1948 5 złotych notes. The specific date '01.07.1948' (July 1, 1948) is consistent with the first authorized issue of this denomination under the new Narodowy Bank Polski. Variations in this note may exist based on signature combinations (Prezes, Naczelny Dyrektor, Skarbnik positions) and serial number prefixes, though the visual analysis does not provide sufficient detail to identify signatures conclusively. Further research into Pick-135 varieties would be required to determine if this specific BK-prefixed example represents a catalogued sub-variety.