Catalog
5 Korona
| Issuer | Magyar Postatakarékpénztár (Hungarian Postal Savings Bank) |
|---|---|
| Year | 1919 |
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| Composition | Paper |
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| Obverse description | Central vignette of a young woman in portrait bust, enclosed within an ornate circular guilloche frame, flanked by decorative columnar pillar motifs and corner numerals '5'. The issuer inscription 'A MAGYAR POSTATAKARÉKPÉNZTÁR' arches above the central text block, with the denomination 'ÖT KORONA' in bold letterpress. Three manuscript signatures of bank officials appear below the text, with a cautionary legend in a panel along the lower border. |
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| Obverse lettering | A MAGYAR POSTATAKARÉKPÉNZTÁR BÁRKI KÍVÁNSÁGÁRA E PÉNZJEGYET ÖT KORONA ÉRTÉKBEN ÁTVÁLTJA MÁS TÖRVÉNYES PÉNZNEMEKRE BUDAPEST, 1919. AUGUSZTUS HÓ 8. MAGYAR POSTATAKARÉKPÉNZTÁR SZÁMVITELI FŐNÖK IGAZGATÓ OSZTÁLYTANÁCSOS E PÉNZJEGY UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK |
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| Comments |
The Magyar Postatakarékpénztár series of 1919 emerged from one of the most chaotic transitions in Central European monetary history. Following the collapse of Austria-Hungary in late 1918, Hungary found itself issuing overprints and emergency notes through whatever institutional apparatus remained functional — the Postal Savings Bank among them — while the new state's banking infrastructure was still being assembled.
Printed locally in Budapest rather than contracted abroad, the series reflects the constrained production options of a country under Allied blockade and in the early throes of the Hungarian Soviet Republic, which was proclaimed in March 1919.