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10 000 Korona Princess Zita

Issuer Magyar Királyi Hadi Kölcsönpénztár (Hungarian Royal War Loan Bank)
Year 1914
Type Pattern or trial banknote
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Obverse description A circular vignette at right center contains a portrait of Princess Zita of Austria wearing a Hungarian crown, rendered in fine intaglio engraving. The left portion of the note carries the text legend in letterpress over a light guilloche underprint, with the denomination 10.000 in large numerals at lower right. An ornate border of repeated lozenge-shaped guilloche rosettes frames the entire composition, with the denomination 10.000 repeated in the upper corners.
Obverse lettering MAGYAR KIRÁLYI KÖLCSÖNPÉNZTÁR-JEGY TIZEZER KORONA BUDAPEST, 1914. ÉVI SZEPTEMBER 27.-ÉN M. KIR. HADI KÖLCSÖNPÉNZTÁR E JEGY UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK 10.000
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Comments

The Magyar Királyi Hadi Kölcsönpénztár was established specifically to finance Hungary's war effort — a parallel military banking institution operating alongside the Austro-Hungarian Bank rather than through it. The 10,000 Korona denomination was the highest in the series, intended for large interbank transfers and war loan settlements rather than retail circulation. Very few of these notes passed through ordinary hands.

The "Princess Zita" nickname derives from Karl I's wife, who became Empress-Queen in November 1916 — but the note itself dates to 1914, meaning the popular name is entirely retrospective.

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