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2 Korona Fegyver és Gépgyár, Budapest

Issuer Fegyver és Gépgyár (Arms and Machine Factory), Budapest
Year 1919
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Currency Krone (1919-1926)
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Obverse lettering UTALVÁNY
KÉT KORONA ÉRTÉKŰ ÁRU BEVÁSÁRLÁSÁRA
A FEGYVER & GÉPGYÁR MUNKÁSAI RÉSZÉRE
ÉRVÉNYES 1919. AUG. 31.ig.
Termelési biztos
Az ellenőrző munkástanács elnöke
Reverse description The reverse is printed in red on white paper and centres on a circular medallion portrait of Karl Marx in three-quarter bust, with flowing hair and full beard, set against radiating sun-ray lines that extend to the note's borders in a bold letterpress composition. The corner rosettes each contain the numeral '2', while the lateral borders carry the intertwined monogram 'FGy' within ornamental frames. A circular legend in Hungarian runs around the inner pearl border of the medallion.
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Comments

Fegyver és Gépgyár — the state arms and machine factory on Soroksári út — issued these small-denomination notes during the chaotic monetary conditions of 1919, when the Hungarian Soviet Republic's economic disintegration left factories and municipalities scrambling to produce their own emergency scrip to pay workers. The firm was one of Hungary's most significant industrial concerns, producing everything from rifles to locomotives, and its workforce required reliable small change that the collapsing banking system simply could not supply.

Emergency industrial scrip from this period is frequently encountered in poor condition — factory workers spent it hard and fast, with little reason to preserve it.

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