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1 Korona Fegyver és Gépgyár, Budapest
| Issuer | Fegyver és Gépgyár (Arms and Machine Factory), Budapest |
|---|---|
| Year | 1919 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | UTALVÁNY EGYKORONA ÉRTÉKŰ ÁRU BEVÁSÁRLÁSÁRA A FEGYVER & GÉPGYÁR MUNKÁSAI RÉSZÉRE ÉRVÉNYES 1919. AUG. 31.-IG. SZ. |
| Reverse description | The reverse is printed entirely in red and centres on a large circular medallion enclosing a portrait bust of Karl Marx, rendered in a fine cross-hatched engraving style with radiating lines extending to the four corners of the note. The factory monogram 'FG' appears within decorative rosette cartouches at each corner, with the denomination numeral '1' in the lower-right and upper-left corner cartouches, and elaborate foliate border ornaments framing the entire design. |
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| Comments |
Fegyver és Gépgyár — the state arms and munitions manufacturer — issued this emergency korona note during the acute cash shortage that gripped Budapest in 1919, a year of violent political convulsion that saw the collapse of the Hungarian Soviet Republic and the subsequent Romanian occupation of the capital. Factory-issued scrip was not unusual in this period; dozens of Hungarian industrial enterprises printed their own small-denomination notes when the banking system effectively ceased functioning.
The Ambrus-II catalogue documents this piece as a recognized emergency emission, but survivor populations are thin — most factory scrip was redeemed, rejected, or simply lost.