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1000 Pengő Veszprém
| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1943 |
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| Value | Log in to see details |
| Currency | Pengo (1927-1946) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EZER PENGŐ MAGYAR NEMZETI BANK BUDAPEST, 1943 ÉVI FEBRUÁR HÓ 24-ÉN ELNÖK FŐTANÁCSOS VEZÉRIGAZGATÓ 1000 A BANKJEGYEK UTÁNZÁSÁÉRT TÖRVÉNYSZABTA BÜNTETÉS JÁR |
| Reverse description | The reverse is executed in brown and olive tones with a fine guilloche underprint repeating "EZER" and "1000" across the field. The left panel contains the Hungarian coat of arms supported by two angels within an ornate cartouche, flanked by the denomination "EZER PENGŐ" above and below. The central vignette presents a panoramic intaglio view of Budapest with the Danube and its bridges visible in the distance. To the right, an oval medallion encloses a profile portrait of a woman in traditional Hungarian headdress; the denomination "1000" appears at lower left and lower right, with the serial number printed in red at the bottom centre. |
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| Comments |
The 1943 1000 Pengő was printed in enormous quantities, but Hungary's wartime inflation made the denomination functionally obsolete almost before the notes wore out. By 1945–1946, the pengő collapsed in the most severe hyperinflation ever recorded — prices doubling roughly every fifteen hours at the peak — and the entire series, including this issue, was rendered worthless ahead of the 1946 forint reform.
The Veszprém designation identifies the regional payment office, not the printer. Notes from this series frequently surface in uncirculated condition; the inflationary spiral consumed purchasing power far faster than it consumed paper.