Catalog
20 Korona Pápa
| Issuer | Pápai Takarékpénztár, Pápa városi és vidéki Takarékpénztár, Pápai Közgazdasági Bank |
|---|---|
| Year | 1919 |
| Type | Local banknote |
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| Obverse description | Plain typeset emergency note with black letterpress text on aged cream paper. The upper portion bears the series designation 'B sorozat' at left and a handwritten serial number at right, with the word 'Csekk' (cheque) in large display type and a manuscript date. The body text states the 20 Korona value in Hungarian, naming three local issuing institutions — Pápai Takarékpénztár, Pápa városi és vidéki Takarékpénztár, and Pápai Közgazdasági Bank — with the note dated Pápa, 1919. május hó 8-án, and bearing two manuscript director signatures at the lower right. |
|---|---|
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| Reverse lettering | 20 |
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| Comments |
This 20 Korona note is one of the local emergency issues — szükségpénz — that proliferated across Hungarian towns in 1919 as the collapse of the Austro-Hungarian monetary system and the turmoil of the short-lived Hungarian Soviet Republic made reliable currency effectively impossible to obtain. Pápa, a market town in Transdanubia, responded as many municipalities did: local financial institutions pooled their authority and issued scrip against their combined backing. Three separate institutions co-signing a single note is unusual even by the chaotic standards of that year.
Printed locally rather than by one of the established security printers, these notes were inherently provisional and were never intended to outlast the emergency.