Variety with liquidation stamp on reverse side. Signature of commissioner Malachowski. Numbering in five digits.
A nice piece. Natural with original preserved paper texture. The paper is slightly creamy and the dry stamps are superbly legible.
Scattered discoloration in the margins, typical of this issue. Several times bent by the field, but technically above average.
A healthy presentation and a solid note from PMG for a Duchy of Warsaw thaler.
In 1807, the Duchy of Warsaw was established by Napoleon and suffered a major crisis due to, among other things, the devastation of war and the cost of maintaining a large army. The Principality suffered from a cash deficit, so due to the Principality's difficult economic situation it was decided to issue new paper money. Prince Frederick August issued a decree in 1810 that established cash tickets as new means of payment. Printed in Dresden, the tickets, with denominations of 1, 2 and 5 thalers, were put into circulation on July 1, 1811. Like the tickets of the Kosciuszko insurrection, they had a cash rate and a deduction of 4 copper pennies was made from each exchanged thaler by which the tickets were not positively received by the population. In 1813, with the entry of Russian troops into the Principality, the cash tickets were withdrawn from circulation.
