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Polish złoty is the o cial currency of Poland. While originally

existing only as coinage, radical changes to the currency were made during the Kościuszko
Uprising in 1794. The second partition of the vast Polish–Lithuanian Commonwealth resulted in
the loss of approximately 200,000 square kilometres (77,000 sq mi) of land and precipitated an
economic collapse. The widespread shortage of funds to nance the defense of remaining
territories forced the insurrectionist government to look for alternatives. In June 1794, the Polish
military leader Tadeusz Kościuszko began printing paper money as a substitute for coinage, which
could not be minted in required quantities. The rst Polish banknotes were issued on 8 July 1794.
The banknotes depicted here, in ve denominations from ve to one hundred złotych, are from the
rst issue in 1794 and today form part of the National Numismatic Collection at the Smithsonian
Institution. The Polish złoty is the o cial currency of Poland. While originally existing only as
coinage, radical changes to the currency were made during the Kościuszko Uprising in 1794.
The second partition of the vast Polish–Lithuanian Commonwealth resulted in the loss of
approximately 200,000 square kilometres (77,000 sq mi) of land and precipitated an economic
collapse. The widespread shortage of funds to nance the defense of remaining territories forced
the insurrectionist government to look for alternatives. In June 1794, the Polish military
leader Tadeusz Kościuszko began printing paper money as a substitute for coinage, which could
not be minted in required quantities. The rst Polish banknotes were issued on 8 July 1794. The
banknotes depicted here, in ve denominations from ve to one hundred złotych, are from the rst
issue in 1794 and today form part of the National Numismatic Collection at the Smithsonian
Institution.The Polish złoty is the o cial currency of Poland. While originally existing only as
coinage, radical changes to the currency were made during the Kościuszko Uprising in 1794.
The second partition of the vast Polish–Lithuanian Commonwealth resulted in the loss of
approximately 200,000 square kilometres (77,000 sq mi) of land and precipitated an economic
collapse. The widespread shortage of funds to nance the defense of remaining territories forced
the insurrectionist government to look for alternatives. In June 1794, the Polish military
leader Tadeusz Kościuszko began printing paper money as a substitute for coinage, which could
not be minted in required quantities. The rst Polish banknotes were issued on 8 July 1794. The
banknotes depicted here, in ve denominations from ve to one hundred złotych, are from the rst
issue in 1794 and today form part of the National Numismatic Collection at the Smithsonian
Institution.
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