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5 zloty 1824 - Sobolewski / Slubicki

VG
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Lot description
Grade: VG
Reference: Miłczak A15t, Lucow 89-100

The Cash Tickets of the Kingdom of Poland, printed with the date 1824, were put into circulation in the spring of 1828.

They were well received by the public and soon the demand for them exceeded the resources of the Bank of Poland. It was decided to introduce another issue of paper money into circulation. It was the Bank Tickets of the 1830 issue. However, despite the introduction of new money designs, the previous Bank Tickets were not withdrawn.

Progressive russification of the Polish Kingdom after the November Uprising brought a new currency issued by the Bank of Poland in 1841. It was no longer zlotys, but rubles in silver. But even then it was not decided to pull down the 1824 Cash Tickets, which circulated equally.

They served as full-fledged means of payment until the end of 1851, and could be exchanged at the cash desks of the Bank of Poland for 6 more years! Until the end of 1857.

It is this history of being a full-fledged means of payment for nearly 30 years that well explains the current rarity of these currencies and their lack of occurrence in nice states. From the records of the era cited in the literature, it is known that practically the entire mintage of them dispersed in the paper money-hungry market, quickly after issuance. Thus, they did not linger in cash registers waiting to be issued, but gradually and naturally wore out in circulation over the long period of their circulation.

Today, the 1824 issue of Cash Tickets is one of the rarest issues of Polish paper money. Its representatives appear in trade extremely rarely, some denominations do not appear at all. The appearance in circulation of any banknote of this issue always arouses great interest among collectors. What matters is to acquire its representative, without regard to the state of preservation.

The present Cash Ticket is preserved in complete circulating condition, with only minor damage to the lower margin. No soaking or other intervening restoration procedures, but only with old, dry patches on the back ( LUDO type paper).

Visually attractive.

With the signatures of Valentine Count Sobolewski and Augustin Joseph Slubicki. Pair of signatures noted with Cz. Miłczak under A15t). No such signatures in the Lucow Collection.

Auction
Auction 23 - Spring '24 at the Royal Castle in Warsaw
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Date
03 June 2024 CEST/Warsaw
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Start price
1 176 EUR
Grade
VG
Hammer price
8 000 EUR
Overbid
680%
Views: 541 | Favourites: 43
Auction

Marciniak

Auction 23 - Spring '24 at the Royal Castle in Warsaw
Date
03 June 2024 CEST/Warsaw
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