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10 Dollars New York

Issuer Independent Hungarian Government (Kossuth Fund)
Year 1852
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Composition Paper (Paper: white Color: black)
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Obverse lettering HUNGARIAN FOUND. INDEPENDENT HUNGARIAN GOVERNMENT TEN DOLLARS
Reverse description The reverse is intentionally left blank, printed on plain white paper with no design elements, text, or security features, consistent with the emergency issue nature of this exile-produced note.
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Comments

Lajos Kossuth arrived in New York in December 1851 to enormous public fanfare, and the fund-raising notes issued in his name the following year were part of a broader campaign to finance a second Hungarian uprising against Habsburg rule. They were never legal tender in any jurisdiction — more political instrument than monetary one — and were sold to American supporters as a kind of patriotic bond, redeemable if, and only if, an independent Hungary was restored. That condition was never met.

The notes were printed in New York, which is also the stated place of payment, making them unusual among exile-government issues in that no fiction of a distant treasury was maintained. Kossuth left the United States in 1852 with considerable funds but no army, and the planned insurrection collapsed without a shot.

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