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1000 Korona
| Issuer | Hungarian State (Pénzügyminisztérium) |
|---|---|
| Year | 1920 |
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| Value | Log in to see details |
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| Printer | Orell Füssli, Zurich, Switzerland (1519-date) |
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|---|---|
| Obverse lettering | EZER KORONA EZ AZ ÁLLAMJEGY, A MELY MAGYARORSZÁG FÜGGŐ ADÓSSÁGÁNAK RÉSZE, A TÖRVÉNY HATÁROZATAIHOZ KÉPEST MINDENKI ÁLTAL, VALAMINT MINDEN KÖZPÉNZTÁRNÁL FIZETÉSKÉP TELJES NÉVÉRTÉKBEN ELFOGADANDÓ. BUDAPEST, 1920. ÉVI JANUÁR HÓ 1-ÉN. PÉNZÜGYMINISTER. AZ ÁLLAMJEGYEK UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK. T. W. ORELL FÜSSLI ZÜRICH (Translation: One Thousand Korona. This state note, which forms part of the floating debt of Hungary, must be accepted at full face value as legal tender by everyone and at all public treasuries in accordance with the provisions of the law. Budapest, 1 January 1920. Minister of Finance. Counterfeiting of state notes is punishable by law.) |
| Reverse description | Brown and ochre print on a plain ground, with an elaborate guilloche border frame incorporating four circular medallions at the corners each bearing the numeral 1000. The central field contains a large ochre guilloche rosette underprint over which the denomination "EZER KORONA" is set in bold letters within a rectangular panel. The value is also expressed in five additional languages arranged above and below the central panel. |
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| Comments |
Hungary's postwar financial situation was catastrophic by 1920 — the Treaty of Trianon had just stripped the country of two-thirds of its territory, the tax base had collapsed, and the government was printing high-denomination notes at a pace that guaranteed rapid devaluation. This 1000 Korona was part of that inflationary wave, issued by the Finance Ministry directly rather than through a central bank, which itself signals how dysfunctional normal monetary institutions had become.
Orell Füssli in Zurich handled the printing — a logical choice given that domestic production capacity was unreliable and Swiss neutrality made such arrangements politically palatable. Helbing Ferenc designed the note, with engraving by Traugott Willi, a detail worth noting since Swiss-executed intaglio work on Hungarian state paper of this period is relatively uncommon in the catalog.