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100 Forint

Issuer Magyar Nemzeti Bank
Year 1949
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Value 100 Forint (100 HUF)
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Reverse description Central vignette reproducing Károly Lotz's painting 'Took Refuge from the Storm', rendered in intaglio, showing a horse-drawn carriage halted in a storm landscape with figures seeking shelter. The scene is framed by fine guilloche border work, with the denomination and issuer references incorporated into the design. Artists' credits appear in the lower margin.
Reverse lettering LOTZ. K.PINX. NAGY Z. SC.
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Comments

This note was issued in the first full year of Hungary's People's Republic, following the 1948 nationalizations that consolidated the communist party's grip on the economy. The Magyar Nemzeti Bank had itself been nationalized that same year, and the 1949 series was a deliberate visual break from earlier Horthy-era and transitional issues — new imagery aligned with the new political order.

Endre Horváth, who handled both the design and engraving of the obverse, was among the more accomplished Hungarian graphic artists working in state commissions at the time. The reverse drew on work by Károly Lotz, the 19th-century academic painter — an unusual borrowing across nearly a century of Hungarian art history.

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