Poland 2003 10 groszy

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from the Acanthite Collection
Poland 2003 10 groszy rev DSLR.jpg

Poland obtained her freedom in the early 1990's with the fall of the Berlin Wall but the new government found the treasury as empty as before. NCLT's ("Non Circulating Legal Tender" coinage) were issued in a bewildering array to help stem the flow. Circulating coinage is seldom seen in American dealer stocks. This type was struck 1990-93, 1998-2012. Later dates exist. As of August 2023, US$1 = 4.11 złotych, making this coin worth about US$0.024.

Wikipedia comments,

"As a result of inflation in the early 1990s, the currency underwent redenomination. Thus, on 1 January 1995, 10,000 old złoty (PLZ) became one new złoty (PLN). As a member of the European Union, Poland is obligated to adopt the euro when all specific conditions are met, however there is no time limit for fulfilling all of them."

The mintages of 1990-93 were executed before the monetary reform was implemented.

Recorded mintage: 31,500,000.

Specification: 2.55 g, copper-nickel, 16.5 mm diameter.

Catalog reference: KM Y279.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 2001-Date, 13th ed., Iola, WI: Krause Publications, 2018.

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