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, 3rd edition
| Issuer | Magyar Postatakarékpénztár (Hungarian Postal Savings Bank) |
|---|---|
| Year | 1946 |
| Type | Standard circulation banknote |
| Value | Log in to see details |
| 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 | Plain cream-toned note printed entirely in red letterpress. The series letter 'B' and serial number appear at the upper left and upper right respectively. The central text, arranged in descending size, reads 'NEM KAMATOZÓ PÉNZTÁRJEGY SZÁZEZER ADÓ-PENGŐRŐL'. Two manuscript signatures appear beneath, attributed to the 'SZÁMVIGAZGATÓ' (Chief Accountant) and 'VEZÉRIGAZGATÓ' (Director General), with a circular Magyar Postatakarékpénztár stamp affixed to the right. A red panel at the foot bears the non-transferability clause 'MÁSRA ÁT NEM RUHÁZHATÓ', and a space for the owner's signature ('TULAJDONOS ALÁÍRÁSA') is provided above it. |
|---|---|
| Obverse lettering | B SOROZAT NEM KAMATOZÓ PÉNZTÁRJEGY SZÁZEZER ADÓ-PENGŐRŐL SZÁMVIGAZGATÓ VEZÉRIGAZGATÓ TULAJDONOS ALÁÍRÁSA MÁSRA ÁT NEM RUHÁZHATÓ (Translation: B Series / Interestless cash ticket for one hundred thousand tax Pengő / Chief Accountant / Director General / Owner's signature / Not transferable to another) |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| 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 inflation-indexed unit tied to a tax index, an attempt to give the Hungarian state a functional medium of exchange while the ordinary pengő collapsed beneath one of the worst hyperinflations in recorded history. By the time notes of this denomination were circulating in mid-1946, the index multiplier was being recalculated daily — sometimes more frequently — and posted publicly so that the face value of a given note could be converted into its actual worth on any given day. The system was extraordinary and almost unworkable in practice.
The third edition designation reflects how rapidly successive printings were exhausted. The forint replaced the entire adópengő system on 1 August 1946.