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10 Korona Világítási és Vízmű Rt., Budapest
| Issuer | Világítási és Vízmű Rt. (Lighting and Waterworks Joint-Stock Company), Budapest |
|---|---|
| Year | 1920 |
| Type | Local banknote |
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| Obverse description | Cream-toned note printed in dark brown and ochre, with the issuer's name VILÁGÍTÁSI ÉS VÍZMŰ R.T. arched across the top in bold letterpress. A central diamond-shaped vignette in ochre contains the denomination numeral 10 and the handwritten redemption text, flanked by the abbreviated initials V, R, and T at the corners. The word BUDAPEST is spelled out letter by letter along the lower border, separated by decorative dot motifs. |
|---|---|
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| Reverse description | Multicolour note printed on a light blue-grey vertical-line underprint, with the issuer's name VILÁGÍTÁSI ÉS VÍZMŰ R.T. in bold black letterpress across the top. The central vignette, enclosed within an ornate scrollwork border, shows a silhouette of a water tower set against a large yellow circular background, rendered in dark brown. Denomination roundels bearing 10 KORONA in circular frames flank the central vignette on left and right, with BUDAPEST spelled out in spaced capitals along the lower margin between red diamond ornaments. |
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| Comments |
Világítási és Vízmű Rt. was a Budapest municipal utility company, and this 10 Korona note is a product of the extraordinary private money proliferation that swept Hungary in 1920. With the postwar collapse of state monetary authority and a catastrophic shortage of small-denomination currency in circulation, hundreds of Hungarian municipalities, companies, cooperatives, and institutions began issuing their own emergency paper — szükségpénz. Utility companies issuing their own scrip is not unusual in this period, but the Budapest examples carry a certain specificity: they were redeemable within a functioning urban infrastructure company, not a rural cooperative or wartime garrison.
The Adamo MSZK catalogue documents this as BUC-298.6, placing it within a well-documented Budapest emergency money sequence.