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10 Korona

Issuer Magyar Postatakarékpénztár (Hungarian Postal Savings Bank)
Year 1919
Type Standard circulation banknote
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Obverse description Left field bears a circular vignette with a female portrait in left profile, rendered in fine intaglio line work and framed by a wreath of wheat ears; the surrounding field is filled with intricate guilloche scrollwork. To the right, the denomination TIZ KORONA is set in bold letterpress within a text panel carrying the issuer name A MAGYAR POSTATAKARÉKPÉNZTÁR, the date BUDAPEST 1919 JULIUS 15, and the exchange clause ÉRTÉKBEN ÁTVÁLJA MÁS TÖRVÉNYES PÉNZNEMEKRE. Two manuscript facsimile signatures appear below the text panel above the designations ELLENŐR, FŐFELÜGYELŐ, and FŐPÉNZTÁROS.
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Reverse lettering TIZ KORONA
TIZ KORONA
TIZ KORONA
TIZ KORONA
10
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Comments

The Magyar Postatakarékpénztár was pressed into currency issuance during the chaotic interregnum of 1919, when Hungary was cycling through governments — the collapse of the Habsburg state, Mihály Károlyi's short-lived republic, and then Béla Kun's Hungarian Soviet Republic in quick succession. These postal savings notes were emergency instruments, produced domestically in Budapest rather than through the established Austro-Hungarian note-printing apparatus in Vienna, which had ceased to function as a unified institution.

The series circulated under more than one political authority, which complicates any clean attribution to a single issuing regime. Overprinting and revalidation stamps appear on some examples as successive governments attempted to control which paper remained legal tender.

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