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First banknotes for the Polish złoty, issued on June 8, 1794. While originally only existing as coinage, radical changes to the currency were made during the Kościuszko Uprising. The second partition of the vast Polish–Lithuanian Commonwealth resulted in the loss of approximately 200,000 square kilometres of land and precipitated an economic collapse. The widespread shortage of funds to finance the defense of remaining territories forced the insurrectionist government to look for alternatives. In June 1794, Tadeusz Kościuszko began printing paper money and issuing first Polish banknotes as a substitute for coinage, which could not be minted in required quantities.Credit: Kingdom of Poland, from the archives of the National Numismatic Collection; photographed by Godot13
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