Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
20 Pengő
| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1938 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Pengo (1927-1946) |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Provisional issue consisting of an unissued 50 Fillér base note (P-101) overprinted in red with a three-line Hungarian text across the upper portion declaring withdrawal terms, with the denomination '20 PENGŐ' printed in red below the central bank title. The underlying grey intaglio design retains the Hungarian coat of arms at left and a circular vignette with a female portrait at right, with the issuer name 'MAGYAR NEMZETI BANK' in the centre and the date 'BUDAPEST, 1938. ÉVI JANUÁR HÓ 15-ÉN' above. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | OTVEN FILLER FÜNFZIG FILLER · PÄTDESIAT FILIEROV · CINCIZECI FILLÉR ПЕДЕСЕТ ФИЛЕРА · ПЯТЬДЕСЯТ ФИЛЬЕРОВ |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The 1938 20 Pengő was issued into an economy already under severe strain from Hungary's rearmament program and its deepening alignment with Nazi Germany — the same year Hungary accepted the First Vienna Award, which returned parts of Czechoslovakia. The Pengő itself had been a reasonably stable currency since its introduction in 1927, a sharp contrast to the catastrophic hyperinflation of the korona years, and the Magyar Nemzeti Bank was still defending that reputation in 1938.
P#105 was printed by the bank's own Budapest press. Notes from this series are common in circulated grades; uncirculated survivors are less so, as most saw genuine use before wartime disruptions rendered the currency increasingly worthless through the early 1940s.