The highest denomination of practically available long Kosciuszko tickets in specimen condition.
A banknote in a much rarer variant with a large HOONIG & ZOONEN watermark in lettering and a small fragment of the coat of arms.
Series C, which is characterized by a less intense, more raspberry than red color of the paper.
Piece in technically excellent note, without any deflections or breaks through the printed field.
A small tear can be seen in the lower margin, which has been spot-fixed.
The banknote in the old PMG slab, hence it received the NET annotation, which is unfortunate with such a beautiful value. Today, such a designation would not be awarded, as PMG has rightly changed the methodology for awarding NET. In the case in question, NET was awarded by a slight tear, which was secured. Keeping a close eye on the banknote market, we know that nowadays such a marking on slabs does not result in a NET designation. Even banknotes with the note "Restoration," or full restoration repair, do not receive a NET ( example 20 zloty 1929 from the current auction). Nevertheless, at the time the banknote was graded, PMG awarded a NET allowance in any situation where there was no certainty that a particular "problem" would not progress. Today, there is no concern that a banknote's secured tear might worsen after being sealed in slab, hence such a banknote would not receive a NET today.
The above explanation is important because its absence, could somewhat mislead the buyer into thinking that we are dealing with a preserved or repaired banknote, while we have the opposite situation. The banknote is natural, the thick, slightly rough paper texture is fully original, and the dry stamp is perfectly legible. We do not have the slightest suspicion that the banknote may have undergone any wet treatment. The aforementioned tear has been skillfully spot-protected, with no treatments over the entire surface of the banknote.
A careful look at the unprinted side gives us an excellent preview of what a phenomenally preserved piece we are dealing with. The field shows not the slightest crease, and is perfectly smooth, with no signs of any circulation. The corners have also remained in excellent condition. The color of the printing and the quality of the dry stamp leave no shadow of a doubt that the banknote has survived in full printing freshness.
The excellent technical state of preservation, was confirmed by the highest note in the PMG register. Only two pieces were rated so high, and it should be mentioned that out of 39 robbed pieces, only three pieces were rated in UNC condition (above 60).
The most beautiful Kosciuszko "hundred" we have the pleasure of hosting at our auctions in a much rarer variant with a large HOONIG & ZOONEN mark.
The end of the 18th century in the Polish territories was marked by a financial crisis, there was a shortage of silver and gold. It was decided to print paper money. On June 8, 1794, the Supreme National Council passed a resolution to issue treasury tickets. It was on this date that the first denominations appeared, i.e. 5, 10, 25, 50, 100, 500 and 1,000 Polish zlotys. The banknotes were printed on one side. The obverse bears the text of the resolution of the Supreme National Council. Beneath the text is the White Eagle and symbols of the French Revolution, i.e. chains of absolutism, a fragment of prison walls ora a Phrygian cap. The color of the ticket varied depending on the denomination.
