2918) 10 Złotych Gold Coins issued by the National Bank of Poland (Narodowy Bank Polski), Poland: First Coins in the "Banknotes in Circulation Coin Series": Date/Year of Coins issue: 06/2023:
The Header/Banner showcases the Reverse and Obverse of the 10 Zlotych Gold Coins against a background representation of a 10 Zlotych circulation Banknote.
The National Bank of Poland has released Gold Proof 10-Zlotych Coins which kickstarts a new series entitled “Banknotes in Circulation” in Poland and recognises the contribution of designer Andrzej Heidrich (1928–2019), whose work figures on the current series of Polish Banknotes.
Prior to the current banknote series entering circulation on 01.01.1995, Poles were essentially, (or colloquially), millionaires due to an inflated currency.
In 06/1989, the Trade Union Solidarity (Solidarity's leader Lech Wałęsa was awarded the Nobel Peace Prize in 1983 and the Union is widely recognised as having played a central role in the end of Communist rule in Poland), won an overwhelming victory in a partially free election in Poland, leading to the peaceful ouster of communism in that country.
As the country was nearing an end to the one-party communist rule imposed on it by the former USSR, it became clear the national currency would have to undergo substantial revision if it was to help repair and expand the economy.
Consumer confidence in the Zloty was poor, and prices and salaries were expressed nominally in the millions.
In that same year, news reached Poles that a new 200,000 Zloty Banknote was being put into general circulation by the National Bank, because of hyperinflation gripping the country.
The news of the Banknote became a story all of its own as many Poles had believed it was misinformation and was received with great suspicion.
This inflation-ridden denomination was followed by 500,000–one million and, finally, two million Zlotych banknotes.
Before the release of a proposed 5,000,000 Zloty Banknote, the government had approved a re-calibration of the beleaguered Currency in 05/1994.
The project of a fourth series of new banknotes and modified denominations was entrusted to Andrzej Heidrich, who first collaborated with Narodowy Bank Polski in 1960:
Andrez's initial Banknote designs, the National Bank’s Third Series, were part of the Banknote Series titled - "The Great Poles" which were first released in 1974 with the 500-zloty banknotes featuring the Statesman Tadeusz Kościuszko (1746–1817).
A further 15 designs were circulated over the next 18 years, with denominations ranging from 10 to 2,000,000 zloty.
The Polish Złoty’s recalibration was agreed to at an exchange rate of 10,000 old Zloty to one new Zloty, and a public awareness campaign was carried out in time to prepare and inform Poles.
On 01.01.1995, previous banknotes with the face value of 10,000 Złoty were replaced with a new one-Złoty coin, and one million Złoty banknotes transitioned into 100 new Złoty.
Because of the re-calibration of the currency, it was possible to design and release coins which divided the Zloty into 100 Grozy, a forgotten denomination that had disappeared from circulation many years previously.
In 1995, Banknotes of “The Polish Rulers” Series in denominations of 10, 20, 50, 100, and 200 Złotych were put into circulation, with a 500-złoty banknote being introduced into circulation in 2017.
The new series featuring images of Polish royal rulers on the Front was also designed by Andrzej Heidrich, nicknamed the - “King of Polish Banknotes,” so highly regarded was his exceptional designs over the years.
He passed away on the 20.10.2019 at the age of 90 years and was buried at Powazki Cemetary in Warsaw.
The Commemorative Coin:
The first coin released in the Coin Series is of 10-Zloty denomination and minted by the Mint of Poland at their facilities in Warsaw, on behalf of the National Bank of Poland.
The original banknote dated “1994” measures 120.00 mm x 60.00 mm and is dark brown and green in colour. Revised and updated versions were released with banknotes dated 2012 and 2016.
The Obverse of the 10 Złotych Gold Coin features a stylised image of the contemporary circulation Banknote, with a face value of 10 Złoty.
Off-right and centred is a portrait of Duke Mieszko (who was the first ruler of Poland and the founder of the first independent Polish state).
Two stylised Romanesque rosettes can be seen in the background of the inscriptions denoting the Bank and Face Value which is shown in a vertical orientation.
On the right of the portrait is an oval shape with fragments of a crown and a decorative plant ornament underneath.
The Reverse of the 10 Złotych Gold Coin replicates the back side of the 10-Złotych Banknote, which features an image of a silver denarius with a depiction of a chapel dome or an image of a crown with a cross.
The denarius is flanked by stylised fragments of columns and a ribbon.
On the left of the image of the denarius, there is an oval with fragments of a crown.
To the right and above the initials "NBP" is an image of the crowned eagle, a national symbol of the Polish Republic and the year of issue, 2023.
The specifications of the Gold Coin are:
Country: Poland; Date/Year of Coin issue: 05/2023; Denomination: 10 Złotych; Coin Series Theme: "Banknotes in Circulation Coin Series"; Coin Theme: "10 Złotych Banknote"; Metal Composition: .9999 Fineness Gold (Au); Weight: 1.00 Oz or 31.1 grams; Diameter/Size: 50.00 mm x 25.00 mm; Coin Quality: Proof (P); Mint: Mint of Poland at their facilities in Warsaw, on behalf of the National Bank of Poland; Mintage: 1,500 pieces.
- Each coin is specially encapsulated to accommodate its rectangular shape and presented in a heavy gauge custom card case accompanied by a Certificate of Authenticity (COA).
Links on posts from Poland:
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8) 1075 years since Princess Olga (890-969 AD), Ukraine: A Silver Proof Coin brought out by the National Bank of Ukraine,minted by the Ukrainian Mint: Year of issue: 2020
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