2 Korona Schlick-Nicholson Gép-, Waggon és Hajógyár

Schlick-Nicholson was one of the largest industrial combines in Hungary — a merger of the Schlick foundry and the Nicholson machine works, producing locomotives, wagons, and river vessels for the Austro-Hungarian market. In 1919, with the Hungarian Soviet Republic collapsing, the banking system in freefall, and metal coinage effectively vanished from circulation, large industrial employers across the country began issuing their own emergency paper — szükségpénz — primarily to pay workers when no usable official currency was available.

This 2 Korona piece is one such issue. Factory-specific emergency money of this type was typically redeemable only at company stores or on company premises, which kept it from spreading far and ensures surviving examples are almost always low-grade from heavy handling within a single facility.