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| Issuer | Pápai Takarékpénztár, Pápa városi és vidéki Takarékpénztár, Pápai Közgazdasági Bank |
|---|---|
| Year | 1919 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | B sorozat. szám. Csekk 20.– K, azaz Husz koronáról, melyet alanti pénzintézetek bármelyike a beadótól fizetésképen elfogad. Pápa, 1919. május hó 8-án. Pápai Takarékpénztár, Pápa városi és vidéki Takarékpénztár, Pápai Közgazdasági Bank. Pápa város és járás felhatalmazott direktóruma: |
| Reverse description | Unadorned cream paper reverse with a simple letterpress frame composed of a wreath-style ornamental border enclosing the large numeral '20' at centre. The denomination '20' is also repeated in each of the four corners of the note, and a faint circular stamp impression is visible at the lower left. |
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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.