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5 Korona
| Issuer | Magyar Pénzügyminisztérium (Hungarian Ministry of Finance) |
|---|---|
| Year | 1920 |
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| Shape | Rectangular |
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| Obverse description | The obverse is printed in dark olive-green tones with an elaborate guilloche border framing the entire composition. A large numeral '5' appears in each upper corner flanked by the Hungarian coat of arms at centre top, with the denomination ÖT KORONA. inscribed in bold letterpress across the upper text area. To the right, an oval intaglio vignette portrays a rural scene of a seated woman nursing an infant with a standing male figure and harvested sheaves in the background; the left portion carries a multi-line Hungarian-language legal tender text with a manuscript signature above the printed title PÉNZÜGYMINISTER, and the date BUDAPEST, 1920. JANUÁR HÓ 1-ÉN. |
|---|---|
| Obverse lettering | 5 ÖT KORONA. EZ AZ ÁLLAMJEGY A MELY MAGYARORSZÁG FÜGGŐ ADÓSSÁGÁNAK RÉSZE, A TÖRVÉNY HATÁROZATAIHOZ KÉPEST MINDENKI ÁLTAL, VALAMINT MINDEN KÖZPÉNZTÁRNÁL FIZETÉSKÉP TELJES NÉVÉRTÉKBEN ELFOGADANDÓ. BUDAPEST, 1920. JANUÁR HÓ 1-ÉN. PÉNZÜGYMINISTER AZ ÁLLAMJEGYEK UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK. |
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| Comments |
Issued under the auspices of the Hungarian Ministry of Finance rather than a central bank, this note reflects the institutional disarray that followed Hungary's post-war truncation under the Treaty of Trianon. The Austro-Hungarian Bank had ceased operations, and Budapest was printing emergency state currency while the question of a permanent issuing institution remained unresolved — a situation that persisted until the Magyar Nemzeti Bank was finally established in 1924.
The 1920 korona issues are notorious for poor paper quality and wartime-era stock inconsistencies. Yellowing and brittleness are endemic to the type, not a reflection of handling history.