1 Korona Huszt

The Huszti Általános Takarékpénztár — the General Savings Bank of Huszt — was one of dozens of Hungarian provincial financial institutions that issued emergency small-denomination notes (szükségpénz) in 1919, when the collapse of Austria-Hungary and the subsequent chaos of the Hungarian Soviet Republic left ordinary commercial paper money either unavailable or distrusted. Huszt, a town in the Carpathian Ruthenia region, would soon be incorporated into Czechoslovakia under the Treaty of Trianon, making these local issues obsolete almost immediately after printing.

The Ambrus catalog documents this as issue II#1505, suggesting it belongs to a systematically recorded regional series. Signatories Krausz Béla and Guttman were almost certainly bank directors or authorized officers rather than government officials — a distinction that mattered legally in any subsequent disputes over redemption.