Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
100 000 Adópengő Tax note, 2nd edition
| Issuer | Magyar Postatakarékpénztár (Hungarian Postal Savings Bank) |
|---|---|
| Year | 1946 |
| Type | Log in to see details |
| Value | 100 000 Adópengő (100 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | NEM KAMATOZÓ PÉNZTÁRJEGY SZÁZEZER ADÓ-PENGŐRŐL SZÁMV.IGAZGATÓ VEZÉRIGAZGATÓ TULAJDONOS ALÁÍRÁSA MÁSRA ÁT NEM RUHÁZHATÓ (Translation: Interestless cash ticket for hundred thousand tax Pengő / Chief Accountant / Director General / Owner's signature / Non-transferable) |
| Reverse description | Log in to see details |
| Reverse lettering | TUDNIVALÓK Felmondás kelte: Kifizetés kelte: Az adópengő névértékének a kifizetés napján megfelelő összeget átvettem. aláírás. Magyar Postatakarékpénztár |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The adópengő was introduced in January 1946 as an indexed unit tied to a price index, specifically designed to give the Hungarian state a way to collect taxes and conduct official transactions without the fiction that the collapsing pengő held any stable value. By the time this second-edition 100,000 adópengő note was issued, the underlying pengő had already entered the most severe hyperinflation ever recorded — the July 1946 peak required denominations reaching 100 quintillion pengő.
The Magyar Postatakarékpénztár, rather than the National Bank, issued these tax notes — a bureaucratic distinction that mattered legally even as the monetary system disintegrated around it. The second edition exists because demand outpaced the first printing within weeks.