Catalog
20 Korona
| Issuer | Magyar Postatakarékpénztár (Hungarian Postal Savings Bank) |
|---|---|
| Year | 1919 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | A MAGYAR POSTATAKARÉKPÉNZTÁR BÁRKI KÍVÁNASÁGÁRA E PÉNZJEGYET HUSZ KORONA ÉRTÉKBEN ÁTVÁLTJA MÁS TÖRVÉNYES PÉNZNEMEKRE BUDAPEST 1919. JULIUS 15. MAGYAR POSTATAKARÉKPÉNZTÁR FŐELLENŐR BFELÜGYELŐ FŐPÉNZTÁROS E PÉNZJEGY UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK |
| Reverse description | Monochromatic green reverse with a bold central rectangular panel bearing the large denomination text in Hungarian, flanked by translation lines in German, Czech, and Ukrainian. Two large symmetrical oval guilloche medallions with denomination numerals '20' occupy the left and right fields, surrounded by intricate geometric lathe-work borders and foliate corner ornaments typical of the period. |
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| Comments |
The Magyar Postatakarékpénztár 20 Korona of 1919 was issued during one of the most turbulent stretches in Hungarian monetary history — the collapse of Austria-Hungary left the new Hungarian state printing emergency currency through whatever institutions were at hand, including the postal savings bank, which was not a note-issuing authority in any conventional sense. The result was a proliferation of low-denomination emergency issues from multiple quasi-official bodies in rapid succession.
Pick 38 falls within the period bracketed by the short-lived Hungarian Soviet Republic, proclaimed March 1919. Whether this specific issue predates or postdates that proclamation is a detail collectors should verify against the exact date stamped on individual examples.