Catalog
5 Korona green
| Issuer | Magyar Postatakarékpénztár (Hungarian Postal Savings Bank) |
|---|---|
| Year | 1919 |
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| Size | 132 × 80 mm |
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|---|---|
| Obverse lettering | A MAGYAR POSTATAKARÉKPÉNZTÁR BÁRKI KÍVÁNSÁGÁRA E PÉNZJEGYET ÖT KORONA ÉRTÉKBEN ÁTVÁLTJA AZ OSZTRÁK-MAGYAR BANK BANKJEGYEIRE BUDAPEST, 1919. MÁJUS 15. MAGYAR POSTATAKARÉKPÉNZTÁR E PÉNZJEGY UTÁNZÁSA TÖRVÉNY ÁLTAL BÜNTETTETIK |
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| Protection type | Guilloche |
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| Comments |
The Magyar Postatakarékpénztár was pressed into emergency currency issuance during the chaotic months following the collapse of Austria-Hungary, filling the void left by the absence of a proper central bank. This 5 Korona note was produced in 1919 amid the overlapping crises of the Hungarian Democratic Republic, the brief Hungarian Soviet Republic under Béla Kun, and the Romanian military occupation — meaning notes printed in the same series potentially circulated under three entirely different governments within a single year.
The print run of just over one million was modest given the inflationary pressures of the period, and many were quickly rendered obsolete by successive currency decrees.