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250 Korona Princess Zita
| Issuer | Magyar Királyi Hadi Kölcsönpénztár (Hungarian Royal War Loan Bank) |
|---|---|
| Year | 1914 |
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| Shape | Rectangular |
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| Obverse description | Central left vignette presents a portrait of Princess Zita of Bourbon-Parma wearing a jewelled crown and formal attire, set within an ornate blue guilloche border frame. To the upper right, the Hungarian royal coat of arms flanked by the denomination numeral 250 in oval cartouches at each corner; the main legend KÉTSZÁZÖTVEN KORONA is printed in bold letterpress below the title MAGYAR KIRÁLYI KÖLCSÖNPÉNZTÁR-JEGY. The date BUDAPEST, 1914. ÉVI SZEPTEMBER 27.-ÉN and the issuer name M. KIR. HADI KÖLCSÖNPÉNZTÁR appear in the lower field, accompanied by two manuscript signatures and a warning legend E JEGY UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK. |
|---|---|
| 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 |
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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.