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250 Korona Princess Zita
| Issuer | Magyar Királyi Hadi Kölcsönpénztár (Hungarian Royal War Loan Bank) |
|---|---|
| Year | 1914 |
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| Composition | Paper |
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| Obverse lettering | MAGYAR KIRÁLYI KÖLCSÖNPÉNZTÁR-JEGY KÉTSZÁZÖTVEN KORONA BUDAPEST, 1914. ÉVI SZEPTEMBER 27.-ÉN M. KIR. HADI KÖLCSÖNPÉNZTÁR E JEGY UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK 250 |
| Reverse description | The reverse is printed entirely in a uniform steel-blue guilloche pattern, with a large central rosette medallion enclosing the bold numeral 250. The denomination KÉTSZÁZ-ÖTVEN KORONA is lettered in the upper left and upper right corners respectively, with three small ornamental motifs to the upper right. The overall design is restrained, relying solely on fine geometric lathe-work without pictorial vignettes. |
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The Magyar Királyi Hadi Kölcsönpénztár was established specifically to finance Hungary's war expenditure from 1914, operating as a parallel institution to the Austro-Hungarian Bank rather than through it. This 250 Korona note — the highest denomination in the inaugural series — was intended to mobilize capital from wealthier subscribers, not for everyday retail circulation. The "Princess Zita" designation is a collector nickname; Zita of Bourbon-Parma had just married Archduke Karl in 1911, making her association with the note a marker of dynastic politics at the very moment the empire was fracturing.
Printed locally in Budapest rather than Vienna, the series reflects Hungary's push for institutional autonomy within the dual monarchy even under wartime conditions.