A stamp commemorating the establishment of the Warsaw Stock Exchange
On Friday, April 16, Poczta Polska will introduce the "30th Anniversary of the Warsaw Stock Exchange" issue into circulation. The thirteenth stamp issued in 2021 will be distributed to post offices across Poland.
Designer Jan Konarzewski depicted the heads of a bull and a bear on the stamp, with the Stock Exchange building in the background. The animals were chosen for their symbolic attacking style – a bull attacks by throwing its horns upwards (rising), while a bear attacks by pressing down (decreasing). In addition to the stamp, Poczta Polska issued a limited edition First Day of Circulation (FDC) envelope. It depicts the trading floor of the Warsaw Stock Exchange (WSE).
" The newest Polish Post commemorates the founding of the Warsaw Stock Exchange and its first trading session. The WSE became a symbol of independent finance after the fall of the Polish People's Republic. An interesting point worth raising with this publication is the fact that a postage stamp is also a security, often with a value significantly exceeding its face value, " said Tomasz Zdzikot, CEO of Polish Post.
In 2019, the Company issued stamps dedicated to the finances of the Republic of Poland. Individual stamps commemorated the 100th anniversary of public finances, the 250th anniversary of budget history, and the 100th anniversary of the fiscal administration.
" The symbolism of the stamp designed by Poczta Polska specifically for the Warsaw Stock Exchange (GPW) depicts a rather characteristic stock market dispute between an optimist (bull) and a pessimist (bear). In the center of the graphic is the stock exchange building, which symbolizes the public good of information – 'how much does risk cost in the economy?' There are optimists who believe the risk is low and buy shares. There are also pessimists who see the risk in the economy rising and sell. This is one of the most important functions of the stock exchange – to provide information about the cost of risk in the economy ," said Marek Dietl, CEO of the Warsaw Stock Exchange.
A stock exchange is an entity that facilitates trading in securities, including shares, bonds, and other authorized financial instruments. The WSE was founded on April 12, 1991, and just four days later, the first trading session took place, listing the shares of five companies.
About the stamp:
Designer: Jan Konarzewski
Number of stamps: 1
Value: PLN 3.30
Circulation: 168,000
Printing technique: Offset
Stamp format: 31.25 x 39.5 mm
Paper: Fluorescent
Sales sheet: 12 stamps
Date of introduction into circulation: April 16, 2021
This and other philatelic publications of Poczta Polska can be purchased at post offices and online store: www.filatelistyka.poczta-polska.pl