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100 Korona

Issuer Magyar Postatakarékpénztár (Hungarian Postal Savings Bank)
Year 1919
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Reference(s) P#39
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Obverse lettering A MAGYAR POSTATAKARÉK-PÉNZTÁR BÁRKI KÍVÁN-SÁGÁRA E PÉNZJEGYET
SZÁZ KORONA
ÉRTÉKBEN ÁTVÁLTJA MÁS TÖRVÉNYES PÉNZNEMEKRE.
BUDAPEST, 1919. JULIUS 15.
MAGYAR POSTATAKARÉKPÉNZTÁR
FŐELLENŐR. FŐFELÜGYELŐ. FŐPÉNZTÁROS.
ÉRVÉNYES A TÖRVÉNY SZERINT BÜNTETÉS ÉRETÉS
Reverse description The reverse is printed entirely in blue-grey tones, with a central text panel bearing the denomination 'SZÁZ KORONA' in large bold letters, surrounded by a rich interlaced foliate guilloche border composed of four ornamental corner cartouches and continuous floral scroll panels. Denomination numerals '100' are repeated in each corner within separate decorative frames. Below the central denomination text, the value is rendered in three additional languages in smaller letterpress type.
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The Magyar Postatakarékpénztár stepped in as a note-issuing authority in 1919 because Hungary, freshly separated from Austria after the collapse of the Dual Monarchy, lacked a central bank of its own. The Austro-Hungarian Bank's operations were in administrative freefall, and the Postal Savings Bank — already a trusted state institution with a functioning bureaucracy — was one of the few bodies capable of putting paper into circulation quickly.

P#39 belongs to an extremely turbulent window: between November 1918 and early 1920, Hungary cycled through the post-war republic, the short-lived Hungarian Soviet Republic under Béla Kun, and the Romanian occupation of Budapest. Notes issued under the Postal Savings Bank name crossed multiple regimes without reissue.