Catalog
5 Korona
| Issuer | Magyar Postatakarékpénztár |
|---|---|
| Year | 1919 |
| Type | Standard circulation banknote |
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| Obverse description | The face is printed in blue-violet tones in a bold woodcut-style design. To the left, a stylized ornamental vase bearing the numeral '5' is flanked by elaborate foliate and floral motifs; to the right, a standing male figure in classical pose faces left. The central text panel carries the denomination and the redemption clause in Hungarian, with the issuer's name in two lines at the foot of the design, above three manuscript signatures and their printed role titles. |
|---|---|
| Obverse lettering | A MAGYAR POSTATAKARÉKPÉNZTÁR BÁRKI KÍVÁNSÁGÁRA E PÉNZJEGYET ÖT KORONA ÉRTÉKBEN ÁTVÁLTJA AZ OSZTRÁK-MAGYAR BANK BANKJEGYEIRE BUDAPEST, 1919. MÁJUS 1. MAGYAR POSTATAKARÉKPÉNZTÁR E PÉNZJEGY UTÁNZÁSA TÖRVÉNY SZERINT BÜNTETTETIK |
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| Comments |
The Magyar Postatakarékpénztár — the Hungarian Postal Savings Bank — stepped into currency issuance during the chaotic dissolution of Austria-Hungary, printing this note domestically in Budapest at a moment when the traditional supply chains for banknote production had completely collapsed. The short-lived Hungarian Democratic Republic, and then the Hungarian Soviet Republic of 1919, both relied heavily on Postatakarékpénztár emissions to fill the vacuum left by the old imperial monetary apparatus.
Domestic printing under these conditions was rarely clean work. Paper quality and ink consistency varied across the run, and forgeries circulated almost immediately — a known problem with several denominations in this series.