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Pewex, $5 1969 - GE - PMG 65 EPQ

PMG 65 EPQ
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Lot description Show orginal version
Grade: PMG 65 EPQ
Reference: Miłczak B19b

PMG-certified banknote with PMG 65 EPQ grade.

A beautifully preserved banknote with the second highest grade in the PMG registry. Natural.

At the end of the 1950s, a project was developed to create a nationwide network of stores where attractive goods could be purchased with foreign currencies. The economy of "People's Poland" needed foreign currency, and in order to keep it, it was decided to introduce substitute means of payment. These were commodity vouchers based on the U.S. dollar. People who received money transfers from abroad in foreign currency could not withdraw it in real banknotes, but only in the form of commodity vouchers. These substitute means of payment could be used to pay at Pewex stores (buying goods), Lokum (buying an apartment) or Polmot (buying a car). Goods vouchers entitled people to buy scarce goods out of line. Pekao vouchers were also issued at the National Bank of Poland. Merchandise vouchers lived to see three issues - 1960, 1969 and 1979, with the highest denomination in each being $100. They were printed with simple ornamental decoration limited to guilloches and denomination information. Commodity vouchers circulated in domestic circulation as the second "better" currency from January 1, 1960 to December 31, 1990.

Auction
Limited Auction I "100"
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Date
26 May, 19:00 CEST/Warsaw
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Start price
595 EUR
Grade
PMG 65 EPQ
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Offers accepted until: 26/05 20:00 CEST/Warsaw
Live bidding: , 26/05 19:00 CEST/Warsaw

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Auction

WÓJCICKI - Polski Dom Aukcyjny

Limited Auction I "100"
Date
Sunday, 26 May, 19:00 CEST/Warsaw
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WÓJCICKI - Polski Dom Aukcyjny
Contact
Salon Numizmatyczny Mateusz Wójcicki Sp. z o.o.
room
Zwiadowców 9
52-207 Wrocław
phone
+48 71 30 70 111
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Wednesday
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