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100 Forint
| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1947 |
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| Composition | Log in to see details |
| Size | 166 × 72 mm |
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| Obverse description | Portrait vignette of Lajos Kossuth, the Hungarian statesman and national hero, set within an oval guilloche frame at right, inscribed 'KOSSUTH LAJOS' below. At left, an elaborate oval underprint medallion bears the numeral '100' above the word 'FORINT' on a ribbon. The Hungarian coat of arms appears at centre top beneath the title 'SZÁZ FORINT', with the issuer inscription 'MAGYAR NEMZETI BANK' and date 'BUDAPEST, 1947 ÉVI FEBRUÁR HÓ 27-ÉN' in the central field, accompanied by three facsimile signatures above their respective titles. The engraver's credit 'HORVÁTH E. DEL ET SC.' appears in the lower left margin. |
|---|---|
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| Reverse description | Central vignette reproduces Károly Lotz's painting 'Took Refuge from the Storm', rendered as an intaglio scene of a horse-drawn carriage in a landscape setting. The Republic coat of arms of Hungary is incorporated into the design, framed by intricate guilloche lacework borders. The engravers' credits 'LOTZ. K.PINX. NAGY Z. SC.' appear in the lower margin. |
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| Comments |
Hungary's postwar monetary reconstruction moved fast. The 1946 pengő hyperinflation — the worst on record anywhere — necessitated the forint as an entirely new currency, and this 1947 issue came early in the stabilization program, when the National Bank was still rebuilding institutional credibility almost from nothing. The forint held remarkably well through the late 1940s, a direct result of strict monetary discipline imposed under Soviet-supervised economic controls.
Endre Horváth's involvement on both the design and engraving of the obverse is unusual — most Hungarian issues of this period separated those roles. Károly Lotz credited on the reverse refers to the 19th-century academic painter whose earlier work was adapted for the plate, not a contemporary commission.