Banknote with "MUSTER" perforations.
The authenticity of the perforations is sometimes questioned, but for many these are cash designs that were made due to the unavailability, or limited access to officially prepared designs.
The banknote bears a PMG certificate with a PMG 63 rating.
The EPQ is missing due to a trace of an incompetently removed pencil annotation.
In September 1939, due to the aggression of Nazi Germany against Poland, the Bank of Poland with the Government and the 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."
