Catalog
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| Issuer | Hungarian Postal Savings Bank |
|---|---|
| Year | 1920 |
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| Composition | Paper |
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| Obverse description | Circular note printed in brown on light green paper, entirely covered by an intricate guilloche rosette pattern radiating from the centre. The large numeral '50' is set within the central vignette, executed in an ornate interlaced style, with the inscription 'FILLÉR' arched beneath it. The outer border consists of repeating lace-like guilloche lobes encircling the entire field. |
|---|---|
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| Reverse description | Circular note printed in red-brown on cream paper, dominated by concentric guilloche rosette bands radiating outward to a heart-motif border. The Hungarian crowned coat of arms is positioned at the centre, rendered in fine line engraving against the intricate lathe-work background. |
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| Comments |
Hungary's postal savings network was pressed into emergency currency issue following the collapse of the Austro-Hungarian monarchy and the subsequent economic chaos of 1919–1920. The Hungarian Postal Savings Bank (Magyar Postatakarékpénztár) produced these small-denomination fillér notes to address a severe coin shortage — metal coinage had largely vanished from circulation as the new state struggled to establish a functioning monetary system.
The 50 Fillér sits at the lower end of the P#54 series, and surviving examples frequently show heavy use — these circulated hard among a population with few alternatives for small transactions.