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| 正面描述 | The obverse is dominated by an elaborate blue guilloche border with ornamental cornerpieces bearing the numeral 100000, and the Hungarian coat of arms at top centre. A circular vignette at right presents a classical bust portrait of a young woman in three-quarter view. The central text panel carries the denomination SZÁZEZER KORONA in bold letterpress, followed by the legal tender clause in Hungarian and the issue date BUDAPEST, 1923. ÉVI MÁJUS HÓ 1-ÉN, with a manuscript signature of the Finance Minister below. |
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| 背面铭文 | SZÁZEZER KORONA UNASUTĂ MII COROANE. HUNDERTTAUSEND KRONEN. STOTISÍC KORUN. СТО ХИЉАДА КРУНА. СТОТЫСЯЧЪ КОРУНЪ. |
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By 1923, Hungarian hyperinflation had rendered denominations that would have seemed unthinkable five years earlier entirely routine. This 100,000 Korona note was issued by the Ministry of Finance directly — Hungary had no functioning central bank at the time, the Austro-Hungarian Bank having been wound up after the dissolution of the empire, leaving fiscal and monetary issuance awkwardly merged in the same government office.
The Orell Füssli credit in the printer data refers to the intaglio plate work, not the full print run — Magyar Pénzjegynyomda handled domestic production as the Swiss firm supplied technical capacity it couldn't yet replicate locally.