The złoty is the official currency of Poland. The name is derived from the Polish adjective “golden”. The official currency symbol: zł. The złoty (golden) in Poland dated back to the midden ages, from the 14th and 15th centuries when the name was used for all foreign gold coins used in Poland. In 1496, the Sejm (Sejm of the Republic of Poland) approved creating a national currency known as the first złoty. A second złoty was introduced in 1924, replacing the marka (currency of the Kingdom of Poland and the Republic of Poland between 1917 and 1924). After German established the General Government and the Communist Poland periods, a third złoty (PLZ) was introduced. In 1949, the government introduced coins in denominations of 1, 2, 5, 10, 20, 50 groszy and 1 złoty. After the official name of Poland changed from “Republic of Poland” to “People’s Republic of Poland” in 1952, all coins went into a withdrawal process until 1994. The new złoty (PLN) coins were introduced the following year. Currently are circulating coins in denominations of 1, 2, 5, 10, 20, 50 groszy, and 1, 2 and 5 złoty.
The 1 złoty coin front design features the crowned White Eagle (Emblem of the Polish Republic), the inscription: RZECZPOSPOLITA POLSKA (The Republic of Poland) and the issue date. The reverse of the coin illustrates the denomination surrounded by oak leaves. This coin is part of the 1990 – 2016 series, its rim is alternately plain and serrated, and its color is silver.
Text: RZECZPOSPOLITA POLSKA, 1992, 1 ZŁOTY.