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1 Korona Vörös Újság

Issuer Vörös Ujság Beszerzési Csoport
Year 1919
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Shape Rectangular
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Obverse description Typographed notgeld printed in dark brown on a light green geometric guilloche underprint of repeating floral rosettes. The denomination '1 Korona' is set in bold letterpress at the upper left, with a serial number box at the upper right bearing the legend 'szükség-pénz' (emergency money). The issuer's name 'VÖRÖS UJSÁG / BESZERZÉSI CSOPORT' is printed in large capitals across the centre, with the issue date '1919 május 13.' below, and a second numeral '1' in a framed panel at the lower left.
Obverse lettering 1 Korona
szükség-pénz
VÖRÖS UJSÁG
BESZERZÉSI CSOPORT
1919 május 13.
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Comments

Vörös Újság — "Red Newspaper" — was the official organ of the Hungarian Communist Party, and during the brief Hungarian Soviet Republic of 1919 its publishing operation issued these small-denomination vouchers for internal use among staff and affiliated procurement networks. They are not banknotes in any conventional sense: the issuing body, the Vörös Ujság Beszerzési Csoport (Procurement Group), had no banking authority whatsoever.

The Soviet Republic collapsed in August 1919 after 133 days, and anything connected to it was suppressed under the Horthy counterrevolution. That political erasure is the main reason these vouchers survived in such small numbers.

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