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10 Korona Fegyver és Gépgyár, Budapest
| Issuer | Fegyver és Gépgyár (Arms and Machine Factory), Budapest |
|---|---|
| Year | 1919 |
| Type | Local banknote |
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| Obverse description | Printed in dark brown on a light grey paper with a repeated 'FGy' monogram watermark-style underprint. The upper half carries a dynamic allegorical vignette in letterpress style: on the left, a female agricultural worker harvesting wheat sheaves, and on the right, a male factory worker striding forward bearing a bundle of rifle barrels or metal rods, with a radiating sunburst background. A black six-pointed star bearing the numeral '10' is centred at the top. The lower panel contains the denomination numerals '10' in outlined boxes at each side, with the issuing legend and validity inscription in bold serif type between two manuscript signatures above their printed titles. |
|---|---|
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| Reverse description | Printed in dark brown on the same grey paper with repeated 'FGy' monogram underprint throughout. The centre is dominated by a large intaglio-style portrait vignette of Karl Marx set within a circular pearl border, with radiating burst lines extending to all four corners of the note. The 'FGy' monogram cypher appears in star-shaped cartouches at each corner, with the denomination numeral '10' placed diagonally opposite in two of those corner ornaments. |
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Fegyver és Gépgyár — better known as FÉG — issued this emergency 10 Korona note during the short-lived Hungarian Soviet Republic of 1919, when the Kun regime's monetary chaos left industrial employers unable to pay workers in official currency. Factory-issued scrip of this kind was technically illegal under the Republic's centralized economic doctrine, which makes FÉG's decision to print it a small act of institutional defiance driven by payroll desperation rather than ideology.
The Ambrus catalogue records surviving examples as genuinely scarce — factory scrip was redeemed under duress or simply destroyed once the Soviet Republic collapsed in August 1919.