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200 Forint XIII Winter Olympics, Lake Placid

Issuer Hungarian Mint, Budapest
Year 1980
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Currency Forint (1946-date)
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Reverse description The official emblem of the XIII Winter Olympic Games, Lake Placid 1980, dominates the deeply recessed, darkened field at centre. The emblem consists of a stylised letter 'L' formed by three descending parallel lines above two chevrons, with the five interlocked Olympic rings surmounting it at upper left and a large decorative snowflake motif to the upper right. The engraver's monogram 'Kz' appears at lower right of the central device. The legend 'XIII. TÉLI OLIMPIAI JÁTÉKOK 1980' curves along the upper border, while 'LAKE PLACID N.Y.' is inscribed along the lower border, both separated by small asterisk ornaments.
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Additional information

Hungary's commemorative program in 1980 operated under the constraints of a centrally planned economy still navigating the cautious liberalization of Kádár's "goulash communism." Foreign-currency-earning exports — including silver commemoratives sold to Western collectors — were a deliberate revenue strategy, not cultural enthusiasm. The Lake Placid series was part of a broader Olympic coinage push timed to capitalize on collector demand in hard-currency markets.

The .640 fineness is characteristic of Hungarian commemoratives from this decade, a deliberate step below sterling that reduced silver costs while maintaining the coin's saleable appearance.

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