Catalog
2 Korona
| Issuer | Hungarian State (Államjegy) |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | 2 Crowns (Koronás) |
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| Composition | Log in to see details |
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| Obverse description | Red letterpress-printed ornamental border frames the note on all sides. A smaller Hungarian coat of arms appears at left, while a vignette of a harvesting farmer occupies the right portion of the design. The central field carries dense multilingual legal text in Hungarian, with face value numerals and denomination text integrated into the layout. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The face value numeral "2" appears in an ornamental guilloche cartouche at centre, with the bold Hungarian denomination KÉT KORONA displayed as the dominant inscription. The equivalent denomination in five additional languages is arranged around the central text, filling the remaining field within a decorative border consistent with the obverse style. |
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| Comments |
Hungary's postwar state treasury notes — Államjegy, literally "state notes" — were issued outside the banking system because the Austro-Hungarian Bank had ceased functioning with the collapse of the empire. The 2 Korona denomination sat at the low end of a series designed to fill the immediate transactional void, and the print run of just over a million was modest by the inflationary standards of what was coming. Within two years, the korona was in freefall.
Pick 58 is not especially rare, but genuine circulated examples often show heavy soiling at the folds — small denominations passed through many hands quickly in a destabilized economy.