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200 Korona

Uitgever Hungarian Royal Ministry of Finance
Jaar 1920
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In omloop tot Log in om details te zien
Referentie(s) P#29
Beschrijving voorzijde This Series B Hungarian emission bears the principal legend MAGYARORSZÁG across the upper field, distinguishing it as a purpose-printed domestic issue rather than an overprinted Austrian predecessor. The face presents the denomination 200 KORONA within a composed typographic layout supported by ornamental guilloche underprint work. Unlike the Series A revalidation type (P-28), which consists of an Austrian P-24 note bearing a MAGYARORSZÁG handstamp overprint, this note was printed as an independent Hungarian issue from inception.
Opschrift voorzijde Log in om details te zien
Beschrijving keerzijde The reverse is covered across its full surface by a finely executed guilloche underprint composed of intricate lathe-work rosette and wave patterns forming a continuous background field. The serial number appears in the upper left area, accompanied by the series letter designation.
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Opmerkingen

Hungary's post-WWI financial situation was catastrophic. The 1920 200 Korona was issued by the Hungarian Royal Ministry of Finance — not a central bank — because the Austro-Hungarian Bank had ceased operations following the dissolution of the empire, leaving the Hungarian state to manage currency issuance directly through the treasury. This was a stopgap arrangement, and inflation was already eroding the korona's value faster than new denominations could be printed.

The series to which P#29 belongs was produced under severe budgetary and logistical constraints, and high-denomination notes from this transitional period were often withdrawn and reissued with overprints as the hyperinflationary spiral deepened through 1922–1924.

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