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20 Korona
| Issuer | Hungarian Postal Savings Bank |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Crown (1919-1926) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | HÚSZ KORONA / AZ OSZTRAK-MAGYAR BANK E BANKJEGYET ARKI KIVÁNBA SARA AZONNAL FIZET BÉCSI ÉS BUDAPESTI FŐINTÉZETEINEL / TÖRVÉNYES ÉRCZPÉNZT / BÉCS 1907 JANUAR 2án / OSZTRAK-MAGYAR BANK / MAGYARORSZÁG |
| Reverse description | The reverse of the underlying Austro-Hungarian 20 Kronen note dated Wien 2 Jänner 1907, with the denomination 'ZWANZIG KRONEN' in large central lettering within a decorative guilloche surround. A portrait vignette of a young woman in an oval frame appears at right, mirroring the obverse composition, while the left panel carries an ornate heraldic vignette with the double-headed eagle motif. The denomination is rendered in multiple languages around the border panels, reflecting the multilingual character of the Austro-Hungarian Empire. |
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| Comments |
The Hungarian Postal Savings Bank stepped into currency issuance after the collapse of the Austro-Hungarian monetary system and the chaotic post-war scramble for circulating media. This 20 Korona belongs to a transitional moment when Hungary was simultaneously dealing with the aftermath of the 1919 Romanian occupation of Budapest, rampant inflation, and the political upheaval of the early Horthy regime — none of which made orderly currency management easy.
The Postal Savings Bank series was a stopgap. Inflation would render the entire korona denomination system functionally obsolete within a few years, replaced by the pengő in 1927.