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3518

German Occupation, 1 Grosz 1939 - NGC MS63

NGC MS63
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Lot description Show orginal version
Grade: NGC MS63
Certificate: NGC 4686941-015
Reference: Chałupski 2.3.1.a, Parchimowicz 8

A very nicely preserved piece of the 1939 single-penny pattern.

The coin is dated 1939, but was not introduced into circulation until 1941, which is confirmed by surviving documents and which is also reported in his "Specialized Catalogue of Polish Coins of the 20th and 21st Centuries." Mr. Jerzy Chalupski, writing as follows: "Coins with a face value of 1 penny were introduced into circulation on December 17, 1941 Verordnungsblatt des Generalgouverneurs für die Besetzten Polnischen Gebiete = Journal of Regulations of the General Governor for the Occupied Polish Areas. No. 120 of 24.12.1941 p. 726. The ordinance was implemented according to its letter. Most of the one-penny coins are very well preserved and bear slight traces of circulation. The reason, of course, was inflation. If one takes the level of food prices in 1940 as a base, then already in the following year prices rose almost 2.5 times. The ratios for the following years were 4.5 7.5 and 1.03 respectively. Nevertheless, one-penny bills were still being beaten in 1944."

Above the pawns are the initials WJ, Wojciech Jastrzebski, author of the design.

Auction
X Jubilee Auction at the Monopol Hotel
gavel
Date
01 October 2022 CEST/Warsaw
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Start price
15 EUR
Grade
NGC MS63
Hammer price
25 EUR
Overbid
170%
Views: 28 | Favourites: 1
Auction

Salon Numizmatyczny Mateusz Wójcicki

X Jubilee Auction at the Monopol Hotel
Date
01 October 2022 CEST/Warsaw
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