Catalog
1000 Korona
| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1919 |
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| Reference(s) | P#53 |
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|---|---|
| Obverse lettering | A MAGYAR NEMZETI BANK E BANKJEGYÉRT BÁRKI KÍVÁNSÁGÁRA AZONNAL FIZET BUDAPESTI FŐINTÉZETÉNÉL EZER KORONA TÖRVÉNYES ÉRCPÉNZT. BUDAPEST 1919 AUGUSZTUS 1. MAGYAR NEMZETI BANK KORMÁNYZÓ FŐTANÁCSOS VEZÉRTITKÁR A BANK EGY UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK |
| Reverse description | The reverse is dominated by a large central oval guilloche medallion in dark blue and grey, containing the numeral 1000 in bold letterpress at its centre, surrounded by concentric layers of intricate lathe-work rosettes and engine-turned patterns. The denomination EZER KORONA appears in the upper and lower horizontal borders, with the numeral 1000 repeated in each of the four corners. The overall design relies entirely on elaborate geometric security printing with no pictorial imagery. |
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| Comments |
This 1000 Korona was issued by the Magyar Nemzeti Bank under extraordinarily compressed circumstances. Hungary in 1919 cycled through three different governments — the collapse of the Kingdom, Mihály Károlyi's republic, then Béla Kun's Soviet Republic, and finally the counter-revolutionary regime — each with overlapping currency obligations. Notes of this type circulated alongside stamped Austro-Hungarian issues and competed with locally produced emergency paper, which meant the monetary environment was chaotic even by the standards of postwar Central Europe.
The series is frequently found with rubber-stamp overprints applied during later validation exercises.