Variety with liquidation stamp on unprinted page. Commissioner's signature Jaraczewski.
The 1-talar denomination is an item where the rarity increases exponentially to the state of preservation. It won't be a challenge to buy a banknote in state 5, but in state 3 it is a value already rarer than even a 2-talar denomination. Roughly 1-2 pieces(!) are known in bank condition, or actually close to it.
Presented piece in attractive, solid third state of preservation. Several times bent and broken by the field, but the paper retains rigidity. Typical paper clip holes for thalers. Clean, the print colors are vibrant, and the dry stamps are superbly legible.
Undoubtedly one of the best preserved pieces to come to our auctions.
In 1807 the Duchy of Warsaw was established by Napoleon, which suffered a major crisis due to, among other things, the devastation of the war and the cost of maintaining a large army. The Duchy suffered from a cash deficit, so due to the Duchy'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 In 1813, with the entry of Russian troops into the Principality, the cash tickets were withdrawn from circulation.