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The Danzig gulden was the currency of the Free City of Danzig (present-day Gdańsk, Poland) between 1923 and 1939. Inflation in Danzig during 1922 had spiralled out of control, and the city abandoned the German Papiermark in favour of the Danzig gulden the following year. The issuance of the new gulden was overseen by the Bank of Danzig, established in early 1924. The obverse of each note shows the city's coat of arms on the left and an important local architectural structure in the centre. This five-hundred-gulden banknote, issued in 1924, bears an illustration of the arsenal of Gdańsk on the obverse.
Other denominations:
Banknote design credit: Bank of Danzig; photographed by Andrew Shiva