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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 description Printed entirely in red on plain paper, the obverse carries a vigorous propagandist vignette of two workers — a female harvester at left and a male industrial worker at right — rendered in a bold letterpress style, with a five-pointed red star at the apex between them. The denomination numeral '1' appears in the upper corners flanked by the factory monogram 'FG', while a central banner below the vignette bears the issue text in two lines. Two handwritten signatures and a black-printed serial number appear in the lower portion, with the signatories' roles inscribed beneath in red letterpress.
Obverse lettering UTALVÁNY
EGYKORONA ÉRTÉKŰ ÁRU BEVÁSÁRLÁSÁRA
A FEGYVER & GÉPGYÁR MUNKÁSAI RÉSZÉRE
ÉRVÉNYES 1919. AUG. 31.-IG.
SZ.
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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.

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